The figures and information contained in the report cover HeavyEngineering Industries and ShipbuildingCompanyK.S.C ... I am pleased to present to you the Sustainability Report 2023 of the Heavy Engineering Industries and Shipbuilding Company.
Beijing also "severely and artificially suppressed China's labor costs in the maritime, shipbuilding and logistics sectors," that person added, citing excerpts of the report ... shipbuilders have seen their share dwindle below 1%.
The nation’s largest shipbuilder wants to buy up additional manufacturing facilities this year to speed up and streamline production of nuclear submarines amid ongoing delays,ballooning costs, and labor woes.