Croatian Shipyard Attracts Chinese Interest

Chinese investors have expressed an interest in Croatia's 3. Maj shipyard. CFW notes that this builds on a trend we have already noted, of the Asian shipbuilding sector linking up with European yards. So far this strategy has been used by South Korea and to our knowledge Chinese yards have not implemented such a tactic. In our opinion taking a stake in a European shipyard would be a sensible move for a Chinese shipbuilder, offering access to a workforce with knowledge and expertise in developing high-spec ships.

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