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German shipbuilders are busy! Well-filled orderbooks are creating new jobs, and some shipbuilders are fully booked until the middle of the next decade. However, this positive trend in the German and wider European shipbuilding industry is the great exception within the global shipbuilding market which continues to suffer from poor demand

During the first three quarters of 2019, orders received by shipyards globally amounted to 16.7mill. Compensated Gross Tonnes (CGT), 23

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