Asian shipyards are facing challenges in meeting demanding production schedules due to a surge in orders for vessels. The increased workload has resulted in delays and cost overruns, impacting their competitiveness in the global market. To address these issues, yards are implementing efficiency measures and expanding capacity to improve productivity.
Source link
US and China holding talks on trade war, Trump says after Beijing rebuttal
President Donald Trump announced that the US and China engaged in talks aimed at resolving their ongoing trade war, following the Chinese government's dismissal of claims that a deal was imminent as "baseless." Trump mentioned that discussions took place on Thursday and indicated that further details might be revealed later. This development highlights the continuous negotiations between the two largest economies in the world to address their trade disputes. Full Article
Read more