Zhang Guangqin News

China will continue to lag behind its foreign competitors as prolonged excess shipbuilding capacity continues to negatively impact industry profits and drive smaller shipyards out of business: a situation unlikely to improve in 2014, says Xinhua. As the world's largest low-end ship-producing country, China has 1,600 enterprises related to ship construction, half of which are large shipyards. Citing Zhang Guangqin, president of the China Association of the National Shipbuilding Industry, Xinhua says that heedless expansion of capacity and product lines have severely hurt the industry's health.

Largest ever Marintec China 2013 hits New Records over 1,700 exhibiting companies and attracted 13% more trade visitors Hong Kong – December 23, 2013—Marintec China 2013, organized by UBM Asia and the Shanghai Society of Naval Architects and Ocean Engineers, was a tremendous success over the four days of the show from December 3-6, 2013. With the blowing of a whistle and pushing of the actuating lever, Marintec China 2013 officially began. The four-day exhibition and conference was unveiled and officiated by senior officials from the industry…

According to a report from People’s Daily Online, China plans to maintain its current global market share of 40% in the shipbuilding industry during the next five years, further consolidating its dominant position in the field, said Zhang Guangqin, head of the China Association of the National Shipbuilding Industry. According to industry estimates for the near future, the production capacity of the global shipbuilding industry may expand by 200 million deadweight tons every year, but demand will remain at 156 million deadweight tons, with nearly a quarter oversupplied.    (Source: People’s Daily Online)

Some of the maritime industry’s leading practitioners have urged global shipbuilders and suppliers not to let the current shipping boom distract them from what must remain their top priority: the construction of quality vessels. The comments, made at the 7th annual meeting of Lloyd’s Register Asia’s China National Committee (CNC), came as global shipbuilding capacity was set to eclipse 50 million compensated gross tons next year, raising concerns about the number of inexperienced yards entering the market and the growing pressure to find increasingly scarce skilled workers. Zhang Guangqin, the President of the China Association of National Shipbuilding Industry…

On June 16 Zhang Guangqin, Vice Minister of the Commission of Science, Technology, and Industry for National Defence --- a body set up by the Chinese central government to oversee China’s ship building industries --- announced that there would be a 14 percent increase in production from China’s yards in 2004. This would bring the country’s production to 10 million deadweight tons this year, compared with 8.8 million tons in 2004. He went on to say that Chinese yards earned nearly US$3.2 billion on the export of 5.6 million deadweight tons of vessels in 2004. This represents 70% of total construction. The balance of 30% was made of up ships and boats for domestic use. These include everything from crude oil carriers to naval ships and workboats.

The output of China's shipbuilding industry reached a record 14.52 million dwt in 2006, making up close to one-fifth of the global total for the same year, according to official statistics. The Commission of Science, Technology and Industry for National Defense (CSTIND) announced on Tuesday that the output of 2006 was 20 percent higher than that of the previous year. According to the CSTIND, China's top two shipbuilding giants, the China State Shipbuilding Corporation (CSSC) and the China Shipbuilding Industry Corporation (CSIC), reported annual output of 6.02 million dwt and 2.67 million dwt respectively. The rest of the market was covered by local shipbuilding companies.