Ship Demand to Reach 31 Million DWT between 2006-2010

Thursday, August 31, 2006
According to Research and Markets, which provides an in-depth study on supply-demand, competitive pattern and latest market changes in Chinas shipbuilding industry, as well as presents and analyzes the development and operating strategies, competitiveness and the prospect of major manufacturers in details, from 2006 to 2010, the total demand of ships will reach 31 million DWT, and the annual demand will be 6.2 million DWT on average. In 2005, the cumulative sales revenue of Chinas shipbuilding industry amounted to $13.9b, up by 42.6 percent over the year of 2004, and the profits amounted to $539.4m, far more than that of 2004, which was $206m. The export is also promising and the earnings broke through $4b in 2005. The boom of Chinas shipbuilding industry is closely linked with the development of marine industry. Although the global marine market declined in 2005, new opportunities still emerged for Chinas shipbuilding industry. As the world’s shipbuilding center shifting to China gradually and the favorable industrial policies issued by the government, China is expected to develop as the largest shipbuilding country in the next 10 years.
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Navantia Orders Sedni IAS for PEMEX Flotel

Sedni secures an important contract with Navantia to supply its Automation System (IAS) Diamar for the flotel vessel (BAP) which is being built at Ferrol factory for PEMEX owner.

NOAA Orders Newbuild Navigation Response Boats

NOAA today announced that Lake Assault Boats of Superior, Wisconsin, will build two small vessels for the Office of Coast Survey's navigation response program,

REL to Supply Deep Ocean Mooring Winch System to NOC

Romica Engineering Ltd (REL) have signed a contract with the U.K.’s National Oceanography Center (NOC) to provide a containerized deep ocean mooring winch system.

Shipbuilding

Navantia Orders Sedni IAS for PEMEX Flotel

Sedni secures an important contract with Navantia to supply its Automation System (IAS) Diamar for the flotel vessel (BAP) which is being built at Ferrol factory for PEMEX owner.

NOAA Orders Newbuild Navigation Response Boats

NOAA today announced that Lake Assault Boats of Superior, Wisconsin, will build two small vessels for the Office of Coast Survey's navigation response program,

Canada’s New Patrol Vessel Christened

Entry into service of Canadian Coast Guard's new mid-shore patrol vessel, the CCGS Caporal Kaeble V.C., was inaugurated by The Honorable Denis Lebel, Minister of Infrastructure,

 
 
Maritime Careers / Shipboard Positions Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1534 sec (7 req/sec)