China's new shipbuilding orders surged 113% in the first half of the year

2013-07-22 09:31

In the first half of 2013, despite the industry's downward trend, China's shipbuilding industry saw new orders increase by over 110%.

According to statistics from the China Association of National Shipbuilding Industry (CANSI), China's shipbuilding completion in the first half of this year reached 20.6 million DWT, a year-on-year decrease of 36%. New shipbuilding orders undertaken amounted to 22.9 million DWT, a year-on-year increase of 113.2%. By the end of June, shipbuilding orders on hand totaled 108.98 million DWT, a year-on-year decrease of 13.4%, and an increase of 1.9% compared to the end of 2012.

According to statistics from Clarkson Research Services in the UK, China's shipbuilding completion volume, new order volume, and order backlog accounted for 39.1%, 44.2%, and 43.1% of the world market share, respectively.

According to CANSI statistics, from January to June, national completed export vessels amounted to 17.28 million DWT, a year-on-year decrease of 34.4%; export vessel orders undertaken reached 21.04 million DWT, a year-on-year increase of 163.3%; by the end of June, export vessel orders on hand totaled 95.14 million DWT, a year-on-year decrease of 11.3%. Export vessels accounted for 83.9%, 91.9%, and 87.3% of the national shipbuilding completion volume, new order volume, and order backlog, respectively.

In addition, from January to June, 80 key monitored enterprises in the shipbuilding industry completed a total industrial output value of 171.9 billion yuan, a year-on-year decrease of 16.6%.

Among them, shipbuilding enterprises accounted for 88 billion yuan, a year-on-year decrease of 31.2%; marine equipment enterprises for 12 billion yuan, a year-on-year decrease of 27.3%; and ship repair enterprises for 5.46 billion yuan, a year-on-year decrease of 8.5%.

From January to June, the 80 key monitored enterprises in the shipbuilding industry completed export delivery value of 78.4 billion yuan, a year-on-year decrease of 24.7%. Among these, the shipbuilding manufacturing industry accounted for 71.1 billion yuan, a year-on-year decrease of 26.5%; the marine equipment industry for 2.32 billion yuan, a year-on-year decrease of 20.7%; and the ship repair industry for 3.4 billion yuan, a year-on-year decrease of 20.9%.

From January to June 2013, the 80 key monitored enterprises in the shipbuilding industry achieved main business revenue of 120.3 billion yuan, a year-on-year decrease of 18.5%; total profit amounted to 3.58 billion yuan, a year-on-year decrease of 53.6%.

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