China’s shipbuilding output down 15.6 percent in 2016

Tuesday, 24 January 2017 10:03:40 (GMT+3)   |   Shanghai
       

In 2016, the aggregate shipbuilding output in China amounted to 35.32 million dead weight tons (dwt), down 15.6 percent year on year, as announced by the China Association of the National Shipbuilding Industry (CANSI). In the given period, China’s new ship orders amounted to 21.07 million dwt, decreasing by 32.6 percent year on year. As of the end of December, ship orders on the books of Chinese shipbuilding enterprises totaled 99.61 million dwt, down 19 percent year on year.

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