Output of 53 major shipbuilding firms in China up 8.2 percent in Q1

Monday, 22 April 2019 10:18:15 (GMT+3)   |   Shanghai

In the January-March period of the current year, the aggregate shipbuilding output of the 53 major shipbuilding enterprises in China amounted to 8.94 million dead weight tons (dwt), up 8.2 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 4.26 million dwt, decreasing by 71.9 percent year on year. As of the end of March, ship orders on the books of the shipbuilding enterprises in question totaled 82.97 million dwt, down 8.4 percent year on year.

In the January-March period of the current year, the aggregate shipbuilding output for export orders of the 53 major shipbuilding enterprises in China totaled 8.58 million dwt, up 12.9 percent year on year. Meanwhile, new ship export orders of the shipbuilding enterprises in the period in question amounted to 3.85 million dwt, decreasing by 72.7 percent year on year. As of the end of March, ship export orders on the books of the 53 major shipbuilding enterprises totaled 75.09 million dwt, down 8.9 percent year on year.

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