China’s shipbuilding output rises by 34.7 percent in Q1

Monday, 20 May 2024 10:43:30 (GMT+3)   |   Shanghai

In the January-March period this year, the aggregate shipbuilding output in China amounted to 12.35 million dead weight tons (dwt), up 34.7 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 24.14 million dwt, rising by 59.9 percent year on year. As of the end of March this year, ship orders on the books of Chinese shipbuilding enterprises totaled 154.04 million dwt, up 34.5 percent year on year.

In the January-March period this year, the shipbuilding output and the new shipbuilding order volume of Chinese shipbuilding enterprises accounted for 53.8 percent and 69.6 percent of the overall respective volumes globally, while as of the end of March this year ship orders on the books of the Chinese enterprises accounted for 56.7 percent of ship orders on the books of shipbuilding enterprises globally.

EuniceOuyang
Eunice Ouyang
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I graduated from University of Shanghai for Science and Technology, with 16 years of deep expertise in the steel industry. I am responsible for steel-related news and intelligence, as well as leading the content team in China.

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