In the January-September period of the current year, the aggregate shipbuilding output in China amounted to 29.37 million deadweight tons (dwt), up 12.7 percent year on year, according to the figures released by the China’s Ministry of Industry and Information Technology (MIIT) on October 14. In the given period, China’s new ship orders amounted to 18.16 million dwt, decreasing by 65.4 percent year on year.
As of the end of September, ship orders on the books of Chinese shipbuilding enterprises totaled 133.27 million dwt, down 13.9 percent year on year.