Output of 53 major shipbuilding firms in China up 63.5% in Jan-May

Monday, 19 June 2017 10:27:28 (GMT+3)   |   Shanghai
       

In the January-May period of the current year, the aggregate shipbuilding output of the 53 major shipbuilding enterprises in China amounted to 19.57 million dead weight tons (dwt), up 63.5 percent year on year, as announced by the China Association of the National Shipbuilding Industry (CANSI). In the given period, new ship orders of the 53 major shipbuilding enterprises amounted to 8.74 million dwt, decreasing by 37 percent year on year. As of the end of May, ship orders on the books of the shipbuilding enterprises in question totaled 80.61 million dwt, down 31.6 percent year on year.

In the January-May period of the current year, the aggregate shipbuilding output for export orders of the 53 major shipbuilding enterprises in China totaled 18.59 million dead weight tons (dwt), up 67 percent year on year. Meanwhile, new ship export orders of the shipbuilding enterprises in the period in question amounted to 7.87 million dwt, decreasing by 40.3 percent year on year. As of the end of May, ship export orders on the books of the 53 major shipbuilding enterprises totaled 74.97 million dwt, down 33.7 percent year on year.

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