China’s shipbuilding output increases by 13.3 percent in January-April

Monday, 20 May 2019 10:47:54 (GMT+3)   |   Shanghai
       

In the January-April period this year, the aggregate shipbuilding output in China amounted to 13.25 million dead weight tons (dwt), up 13.3 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 9.49 million dwt, decreasing by 47.3 percent year on year. As of the end of April, ship orders on the books of Chinese shipbuilding enterprises totaled 85.55 million dwt, down 8.0 percent year on year.

In the January-April period this year, the aggregate shipbuilding output for export orders in China totaled 12.39 million dwt, up 13.7 percent year on year and accounting for 93.5 percent of the total shipbuilding output in China in the given period.

Meanwhile, China’s new ship export orders in the period in question amounted to 8.74 million dwt, decreasing by 47.7 percent year on year and constituting 92.1 percent of total new ship orders. As of the end of April, ship export orders on the books of Chinese shipbuilding enterprises totaled 77.17 million dwt, down 8.2 percent year on year and constituting 90.2 percent of total ship orders on the books of Chinese shipbuilding enterprises.


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