Output of 53 major shipbuilding firms in China up 0.7% in Jan-May

Friday, 21 June 2019 11:24:09 (GMT+3)   |   Shanghai
       

In the January-May period of the current year, the aggregate shipbuilding output of the 53 major shipbuilding enterprises in China amounted to 16.20 million dead weight tons (dwt), up 0.7 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 53 major shipbuilding enterprises amounted to 11.23 million dwt, decreasing by 41.5 percent year on year. As of the end of May, ship orders on the books of the shipbuilding enterprises in question totaled 82.68 million dwt, down 4.7 percent year on year.

In the January-May period of the current year, the aggregate shipbuilding output for export orders of the 53 major shipbuilding enterprises in China totaled 15.20 million dwt, up 5.3 percent year on year. Meanwhile, new ship export orders of the shipbuilding enterprises in the period in question amounted to 10.33 million dwt, decreasing by 42.1 percent year on year. As of the end of May, ship export orders on the books of the 53 major shipbuilding enterprises totaled 75.24 million dwt, down 3.6 percent year on year.


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