Ouhua buys out neighbouring Zhejiang yard

 On the back a recent raft of orders China's  Zhejiang Ouhua Shipbuilding has decided to take over Zhejiang Dexing Shipyard controlled by the KaiKai Group.  Dexing is located in the west part of Ouhua. China's yard scene has entered a dramatic period of consolidation, with plenty more merger and acquisitions on the cards. 
[Read More]
Source: Seatrade Asia