The heavy damage and reshaping of China's shipbuilding industry

From 2005 to before the financial crisis, the entire Chinese shipbuilding industry was in an irrational and crazy state. At that time, shipping demand was strong and the BDI index soared, reaching a peak of nearly 12,000 points.

I think that in the past few years after the financial crisis, the "Double 28" phenomenon in China's shipbuilding industry has become more and more obvious. 20% of the 20% of the shipbuilding companies have taken 80% of the 80% of the orders in the market. That is, 4% of the shipbuilding companies have received 64% of the orders in the market.

Although there are constant bankruptcies, mergers and reorganizations, and the number of shipbuilding companies is decreasing, the production capacity in the industry has not really decreased, because the technology and technology of shipbuilding have also matured, and the efficiency of shipbuilding has been greatly improved.

At present, the probability of industry recovery is not high. It is now more in the "L" stable stage and will continue to be in a stable state. The BDI has risen above 2,000 points and will not fall below 1,000 points.

It is impossible to transfer. I have done due diligence on the shipbuilding industry in China and even around the world. Shipbuilding has several specific requirements that restrict industrial transfer.

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