The Shipyards Of Shanghai In Pictures

After two years in the red, China Cosco is selling off subsidiaries in the hopes of covering its losses this year and avoiding delisting. Reuters/Barry Huang

A vessel is seen under construction at the Waigaoqiao shipyard in Shanghai Nov. 5, 2013.
REUTERS/Carlos Barria

Laborers leave a ship undergoing construction during a lunch break at the Hudong-Zhonghua Shipbuilding company's shipyard in Shanghai Oct. 14, 2013.
REUTERS/Carlos Barria

A laborer walks near a ship that is under construction at the Hudong-Zhonghua Shipbuilding company's shipyard in Shanghai Oct. 14, 2013. REUTERS/Carlos Barria

A laborer walks near a ship that is under construction at the Hudong-Zhonghua Shipbuilding company's shipyard in Shanghai Oct. 14, 2013. REUTERS/Carlos Barria

A vessel under construction is seen at the Waigaoqiao shipyard in Shanghai Nov. 5, 2013. REUTERS/Carlos Barria

A laborer rests during a lunch break at the Hudong-Zhonghua Shipbuilding company's shipyard in Shanghai Oct. 14, 2013. REUTERS/Carlos Barria

Laborers work on a section of a ship, which is under construction at the Waigaoqiao shipyard, in Shanghai Nov. 5, 2013. REUTERS/Carlos Barria

A laborer welds part of the structure of a ship that is under construction at the Hudong-Zhonghua Shipbuilding company's shipyard in Shanghai Oct. 14, 2013. REUTERS/Carlos Barria

A laborer welds part of the structure of a ship that is under construction at the Hudong-Zhonghua Shipbuilding company's shipyard in Shanghai Oct. 14, 2013. . REUTERS/Carlos Barria

A laborer works on a section of a vessel that is under construction at the Waigaoqiao shipyard in Shanghai Nov. 5, 2013. REUTERS/Carlos Barria

A laborer works on a section of a vessel that is under construction at the Waigaoqiao shipyard in Shanghai Nov. 5, 2013. REUTERS/Carlos Barria

A laborer welds part of the structure of a ship that is under construction at the Hudong-Zhonghua Shipbuilding company's shipyard in Shanghai Oct. 14, 2013. REUTERS/Carlos Barria

A laborer works inside the structure of a ship that is under construction at the Hudong-Zhonghua Shipbuilding company's shipyard in Shanghai Oct. 14, 2013. REUTERS/Carlos Barria

A laborer takes a break as he works inside a ship that is under construction at the Waigaoqiao shipyard in Shanghai Nov. 5, 2013. REUTERS/Carlos Barria