Issuing agency: China Association of the National Shipbuilding Industry
Column: run analysis
source: https://www.cansi.org.cn/cms/document/15425.html
1. The country's three major shipbuilding indicators fell year-on-year. From January to November, the country's shipbuilding completed 33.24 million deadweight tons, a year-on-year decrease of 2.6%. The number of new ship orders received was 22.52 million deadweight tons, a year-on-year decrease of 8.7%. At the end of November, the number of ship orders in hand was 70.94 million deadweight tons, a year-on-year decrease of 11.1%, and a decrease of 13.1% from the end of 2019. From January to November, the country completed 30.03 million deadweight tons of export ships, a year-on-year decrease of 5.8%; the export ship orders received were 19.77 million deadweight tons, a year-on-year decrease of 13.5%; at the end of November, the number of export ship orders held was 65.12 million deadweight tons, a year-on-year decrease of 11.3%. Export ships accounted for 90.3% of the national shipbuilding completions, new orders, and orders held, respectively. 87.8% and 91.8%.