China Builds Shipyards to Drive Industry

Tuesday, September 05, 2006
CHINA will build three shipyards at Bohai Bay, the mouths of the Yangtze River and the Pearl River over the next five years, according to the national shipbuilding authority.

The country will enhance management in the shipbuilding industry from this year to 2010 by speeding up the construction of three major shipyards, and by enhancing the development of new ship types, establishing modern shipbuilding models and developing the building technology for ship accessories, according to China's medium and long-term shipping development plans.

It is time for China to further develop its shipbuilding industry, said an official from the Commission of Science Technology and Industry for National Defense. China's shipbuilding industry is now at a critical stage where it can become even stronger, the official added.

However, China still needs to face a series of challenges, such as fierce competition, industry uncertainties, weak innovation abilities and less-developed accessory building technologies, the official said.

With the abundance of human resources, a long coastline and a strong demand from the domestic market, China is now the third largest shipbuilder in the world. Its proportion in the world's shipbuilding industry has surged from six percent in 2000 to 20 percent last year.

(Source: www1.shanghaidaily.com)

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

CMA CGM to Add Ships, Pursue More Economies

CMA CGM, the world's third-largest container shipper, announced on Monday plans to order three giant vessels and said higher volumes and profit last year showed

Drydocks World, Maritime World Win Excellence Awards

Drydocks World and Maritime World have won the Excellence Award given by the International Maritime Club at the Golden Bells Awards 2015 - Middle East. Drydocks

Rolls-Royce Propulsion Package for Polar Ship

Rolls-Royce has been awarded a contract by ship builder Fincantieri to supply a fully integrated propulsion system for Norway’s new Polar Research Vessel, which

Container Ships

CMA CGM to Add Ships, Pursue More Economies

CMA CGM, the world's third-largest container shipper, announced on Monday plans to order three giant vessels and said higher volumes and profit last year showed

Ocean 3 launched at the AGCT, Rijeka

China Shipping Container Line’s (CSCL) Xin Qin Huang Dao recently made its maiden call at the Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.

Emission Control to Cost Additional $100 bln for Shipping Lines

The implementation of a global sulfur cap slated for 2020 is estimated to add an additional $50-100 billion to the shipping industry's annual fuel bills, Lloyd's List reports.

 
 
Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators
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: 0.1278 sec (8 req/sec)