Orders for new vessels placed in April to be produced in Chinese shipyards dropped to their lowest since November, CANSI data shows. That meant the total orderbook dropped to its lowest in over six years. That’s not a surprise given most containerline and tanker management teams continue to call for “capacity discipline” to maintain shipping rates. Panjiva data shows Chinese exports from shipbuilding were worth $13 billion in the past 12 months. However, they are likely losing market share to South Korean manufacturers whose output more-than-doubled in April after Daewoo Shipbuilding’s b...