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.