In the January-August period this year, the aggregate shipbuilding output in China amounted to 27.98 million dead weight tons (dwt), up 16.9 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 52.31 million dwt, rising by 86.5 percent year on year. As of the end of August this year, ship orders on the books of Chinese shipbuilding enterprises totaled 131.55 million dwt, up 28.9 percent year on year.
In the January-August period, the shipbuilding output and the new shipbuilding order volume of Chinese shipbuilding enterprises accounted for 49 percent and 68.8 percent of the overall respective volumes globally, while as of the end of August ship orders on the books of the Chinese enterprises accounted for 53.9 percent of ship orders on the books of shipbuilding enterprises globally.