<p>Nantong Xiangyu Shipbuilding &#38; Offshore Engineering is set to expand production capacity by around 60% having made the RMB440m ($62m) winning bid to take over a nearby bankrupt yard.&#160; Nantong Xiangyu is taking over Jiangsu Hongqiang Ship Heavy Industry, a yard with three docks along the Yangtze that ceased operations six years ago.&#160; Lin Junjie, &#8230;</p> </p><p><p>https://splash247.com/nantong-xiangyu-set-to-reopen-nearby-bankrupt-yard/</p></p>