Swimming through troubled waters

China's ship-breaking industry is feeling hemmed in by low steel prices, scrap oversupply and green production methods

In 2014, the ship recycling industry was grey; it turned black in 2015; but, this year, it will go blood red.

That's not a dramatic line from a Hollywood take on some imminent industrial tragedy. It's the writing on the wall that workers of Zhoushan's ship-breaking yards in East China's Zhejiang province cannot escape but notice.