Blue carbon refers to carbon that is sequestered in the seabed and deep ocean through the uptake of atmospheric CO2 by coastal and marine ecosystems via photosynthesis.
It has been 10 years since the onset of the 2008 global financial crisis, which also marked the start of a prolonged downturn for China’s once bustling and sprawling shipbuilding sector.
China's largest private shipbuilder Yangzijiang Shipbuilding has formed a new joint major Japanese shipbuilders Mitsui E&S Shipbuilding (MES-SC) and Mitsui & Co based at one of the Chinese company's existing yards.