German Shipbuilders Warn of Risks of Being Too Reliant on China

The German Shipbuilding and Ocean Industries Association (VSM) has issued a very strongly worded release, demanding Berlin and other European governments reduce their dependence on China for all things maritime.

The VSM, which has been railing against Asian yards’ pricing tactics for many years, has highlighted how the Chinese maritime picture today is similar to the situation Europe finds itself in with regard to its reliance on Russian energy.


View entirety: Splash 24/7