Shipbuilder JES International in the Red

February 25, 2010

According to a Feb. 25 report from Seatrade Asia Maritime News, Chinese shipbuilder JES International plunged into the red last year but remains confident on the long-term outlook for the shipbuilding industry. Singapore-listed JES reported a full loss for 2009 of $15.6m.

(Source: Seatrade Asia Maritime News)

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