Tan Naifen, vice director, information department, at the China Association of the National Shipbuilding Industry (CANSI), has stated at SteelHome's 10th Steel Development Strategy Conference held in Shanghai at the weekend that China's shipbuilding industry indicated a good performance in the January-February period this year, adding that steel demand from the domestic shipbuilding industry is expected to total 13 million mt in 2014, which would represent a rise of 18.2 percent year on year.
The CANSI official stated that in the January-February period this year the aggregate shipbuilding output in China (from a total of 80 shipbuilding enterprises) amounted to 4.14 million deadweight tons (dwt), down 27.2 percent year on year, while China's new ship orders amounted to 18.08 million dwt, up 259 percent year on year. She went on to say that as of the end of February ship orders on the books of Chinese shipbuilding enterprises totaled 144.93 million dwt, up 36.4 percent year on year and up 10.6 percent compared to the data recorded at the end of 2013. Furthermore, in the January-February period the aggregate shipbuilding output for export orders in China totaled 3.65 million dwt, down 25.8 percent year on year, China's new ship export orders in the given period amounted to 15.87 million dwt, up 307 percent year on year. As of the end of February, ship export orders on the books of Chinese shipbuilding enterprises totaled 128.99 million dwt, up 41.9 percent year on year.