Issuing agency: China Association of the National Shipbuilding Industry
Column: run analysis
source: https://www.cansi.org.cn/cms/document/10173.html
In the first quarter of 2017, driven by a slight rebound in the global shipping market, my country's shipbuilding completion volume increased significantly, the number of new ship orders and on-hand ship orders continued to decline, and major economic indicators such as total industrial output declined year-on-year.
From January to March, the country's shipbuilding completed 15.67 million deadweight tons, a year-on-year increase of 87.7%. New ship orders were 5.54 million deadweight tons, a year-on-year decrease of 25.4%. At the end of March, the number of ship orders on hand was 88.65 million deadweight tons, a year-on-year decrease of 26.3%, and a decrease of 11% from the end of 2016.
From January to March, the country completed 14.9 million deadweight tons of export ships, a year-on-year increase of 93%; the number of export ship orders undertaken was 4.59 million deadweight tons, a year-on-year decrease of 34.1%; at the end of March, the number of export ship orders held was 81.74 million deadweight tons, a year-on-year decrease of 27.2%. Export ships accounted for 95.1% of the national shipbuilding completions, new orders, and orders held. 82.8% and 92.2%.
From January to March, 53 key monitored shipbuilding companies completed shipbuilding of 13.37 million deadweight tons, a year-on-year increase of 71.6%. They undertook new ship orders of 4.42 million deadweight tons, a year-on-year decrease of 36.1%. At the end of March, the number of ship orders in hand was 82.6 million deadweight tons, a year-on-year decrease of 28.6%.
From January to March, 53 key shipbuilding companies completed 12.84 million deadweight tons of export ships, a year-on-year increase of 75.4%; they undertook orders for export ships of 3.67 million deadweight tons, a year-on-year decrease of 44.7%; at the end of March, they had 75.99 million deadweight tons of export ship orders, a year-on-year decrease of 32.3%. Export ships accounted for 96% of the completions, new orders, and orders held by key shipbuilding companies, respectively. 83.1% and 92%.
From January to March, the total industrial output value of 80 key monitoring companies in the shipbuilding industry was 85.87 billion yuan, a year-on-year decrease of 7.5%. Among them, the ship manufacturing output value was 37.01 billion yuan, a year-on-year decrease of 12.7%; the ship supporting output value was 5.04 billion yuan, a year-on-year decrease of 22.8%; the ship repair output value was 2.7 billion yuan, a year-on-year increase of 5%.
From January to March, the export output value of 80 key monitoring companies in the shipping industry was 34.5 billion yuan, a year-on-year decrease of 11.8%. Among them, the ship manufacturing output value was 25.2 billion yuan, a year-on-year decrease of 13.1%; the ship supporting output value was 1.1 billion yuan, a year-on-year decrease of 20.1%; the ship repair output value was 1.7 billion yuan, a year-on-year decrease of 2.3%.