Rongsheng Heavy Industries Group, one of China's largest shipbuilders, completed 3.9 milliondeadweight tons in 2012, setting a company record.
The company also said that the shipbuilding business, despite a global downturn, remains itsmain source of revenue.
More than one third of global shipping companies have suffered financial losses, industry datashowed.
Rongsheng said, in a statement, that it expects to see a recovery in the industry in both ordersand prices.
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