Output of 51 major shipbuilding firms in China down 12.3% in Jan-Aug

Monday, 19 September 2016 10:57:45 (GMT+3)   |   Shanghai
       

In the January-August period of the current year, the aggregate shipbuilding output of 51 major shipbuilding enterprises in China amounted to 20.52 million dead weight tons (dwt), down 12.3 percent year on year, as announced by the China Association of the National shipbuilding Industry (CANSI). In the given period, new ship orders of the 51 major shipbuilding enterprises amounted to 16.69 million dwt, increasing by 22.1 percent year on year. As of the end of August, ship orders on the books of the shipbuilding enterprises totaled 109.90 million dwt, down 17.3 percent year on year.

In the January-August period of the current year, the aggregate shipbuilding output for export orders of the 51 major shipbuilding enterprises in China totaled 18.88 million dead weight tons (dwt), down 9.4 percent year on year. Meanwhile, new ship export orders of the shipbuilding enterprises in the period in question amounted to 14.15 million dwt, increasing by 21.8 percent year on year. As of the end of August, ship export orders on the books of the 51 major shipbuilding enterprises totaled 104.30 million dwt, down 16.5 percent year on year.

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