China’s shipbuilding output rises by 95.4 percent in Jan-Feb

Friday, 29 March 2024 11:03:08 (GMT+3)   |   Shanghai

In the January-February period this year, the aggregate shipbuilding output in China amounted to 8.26 million dead weight tons (dwt), up 95.4 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 15.2 million dwt, rising by 64.4 percent year on year. As of the end of February this year, ship orders on the books of Chinese shipbuilding enterprises totaled 149.19 million dwt, up 31.3 percent year on year.

In the January-February period this year, the shipbuilding output and the new shipbuilding order volume of Chinese shipbuilding enterprises accounted for 56.5 percent and 69.5 percent of the overall respective volumes globally, while as of the end of February this year ship orders on the books of the Chinese enterprises accounted for 56.1 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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