China's Ministry of Industry and Information Technology (MIIT) has unveiled the third batch of its white list for the shipbuilding industry, adding eleven new yards to the 60 already listed

In detail, the 11 shipyards are as follows: Jiangsu Yangzi Xinfu Shipbuilding, Jiangsu New Hantong Ship Heavy Industry, Nantong Rainbow Offshore & Engineering, Jiangsu Haitong Offshore Engineering, Wuhu Xinlian Shipbuilding, Fujian Baima Shipyard, Fujian Southeast Shipyard, Fujian Huadong Shipyard, Ezhou Guangda Shipbuilding, Jiangmen Nanyang Ship Engineering, and Chongqing Donggang Shipbuilding Industry.

The central government is hoping that the white list can optimize shipbuilding capacity and promote mergers and acquisitions in the industry, with shipyards on the list enjoying favourable policies from the government and banks.