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China Shipbuilding Gross Profit Up

Maritime Activity Reports, Inc.

February 22, 2010

According to a Feb. 19 report from Steelguru.com, China Knowledge quoted statistics released by the Ministry of Industry and Information Technology saying the gross output of China shipbuilding industry was $80.3b in 2009 up by 28.7% YoY. The ministry said growth was 31.1 percentage points slower than in 2008.

(Source: Steelguru.com)

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