China shipyards newbuild orderbook up 183% 

China white list shipyards set for reshuffling

 

The three major shipbuilding indexes of China maintained growth during the first eleven months of this year, according to the statistics released by China Association of the National Shipbuilding Industry (CANSI).

For the first eleven months, China’s shipbuilding output was 35.88 million deadweight tonnage (dwt), an increase of 7.9%; the newly received shipbuilding order was 63.64 million dwt, increasing 182.6%.

At the end of November, Chinese shipyards’ orderbook on hand was 96.39 million dwt, increasing 35.9% year on year.

Shipbuilding export volume was 33.38 million dwt, an increase of 11.1% year on year, while newly received export shipbuilding orders were 57.04 million dwt, surged 188.5%. Export orders on hand were 85.69 million dwt as the end of December, increasing 31.6%

Shipbuilding export volume, new orders for export and export orders on hand accounted for 93%, 89.6% and 88.9% of national volume respectively.

As the end of December, China’s shipbuilding output, newly received orders and orders on hand respectively accounted for 45.5%, 53.3% and 47.8% of the global shipbuilding market share.

Fifteen major Chinese ship repair companies completed a repairing volume of 2,889 vessels for the first eleven months, dropped 5.1% year on year.



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