Nantong Xiangyu Shipbuilding & Offshore Engineering is set to expand production capacity by around 60% having made the RMB440m ($62m) winning bid to take over a nearby bankrupt yard. Nantong Xiangyu is taking over Jiangsu Hongqiang Ship Heavy Industry, a yard with three docks along the Yangtze...
https://splash247.com/nantong-xiangyu-set-to-reopen-nearby-bankrupt-yard/