Issuing agency: China Association of the National Shipbuilding Industry
Column: run analysis
source: https://www.cansi.org.cn/cms/document/10180.html
From January to July 2016, the economic operation of the shipbuilding industry remained stable, with new orders increasing year-on-year, shipbuilding completions, and orders on hand declining year-on-year, and major economic indicators such as total industrial output continuing to decline. 1. Two of the country's three major shipbuilding indicators fell and one rose. From January to July, the country's shipbuilding completed 19.2 million deadweight tons, a year-on-year decrease of 15.4%. New ship orders received were 17.68 million deadweight tons, A year-on-year increase of 26.2%. At the end of July, the number of ship orders on hand was 117.28 million deadweight tons, a year-on-year decrease of 14.2%, and a decrease of 4.7% from the end of 2015. From January to July, the country's completed export ships were 17.57 million deadweight tons, a year-on-year decrease of 13.1%; the export ship orders accepted were 14.59 million deadweight tons, A year-on-year increase of 22.6%; at the end of July, the number of export ship orders on hand was 109.89 million deadweight tons, a year-on-year decrease of 15.4%. Export ships accounted for 91.5%, 82.5% and 93.7% of the national shipbuilding completion volume, new orders, and order volume on hand respectively.