China Keeps Top Position in Ship Building

(Press Release)
Wednesday, February 29, 2012

In advance of SMM 2012, the leading trade fair for the maritime industries, to be held at the Hamburg Fair site from September 4-7, the duel in international shipbuilding is going into the next round – the Chinese shipyards were just ahead again in 2011.
According to the latest survey by Clarkson Research, China delivered a total of 1,177 ships with 67.2 million DWT. The closest competitor was South Korea, which had 531 ships and 53.6 DWT, followed by Japan, in third position (462 ships, 32 million DWT).
The three major shipbuilding nations from Asia are prominent exhibitors at SMM 2012, the shipbuilding, machinery & marine technology international trade fair Hamburg, from September 4-7.
“The growing attendance of Asian exhibitors demonstrates the dynamic in this part of the world and is a clear indicator of the importance of SMM as the world’s leading maritime trade fair,” says Peter Bergleiter, Head of Division at Hamburg Messe & Congress GmbH (HMC).
Alongside numerous companies from China, the two most important shipyards CSIC and CSSC will also be there. Other exhibitors include the Korean shipbuilders’ association KOSHIPA, some important Japanese shipyards, and also the Japanese Marine Equipment Suppliers Association JSMEA.
China has held top position in shipbuilding since 2010, but another change in the market conditions emerged at the beginning of 2012 – China delivered 105 ships,  more than twice as many as South Korea (50 ships) and also more tonnage, at 8.4 million DWT (versus 5 million DWT for South Korea). But China lagged behind in terms of new orders. According to Clarkson’s figures in January, 2012, each of the countries received orders for nine new buildings, but the tonnage for South Korea was more than six times as high as for China (1.7 million DWT versus 260,000 DWT).
China is still in front in terms of the order book – on reference date 1 February, China had 2,386 ships in the order book, with 149,1 million DWT, which was still well ahead of South Korea (1,103 ships, 106.6 million DWT) and Japan (684 ships, 52.7 million DWT). The current global order book stands at 5,623 ships, which is 2,253 fewer than at the end of 2010. Last year, a total of 2,599 ships were delivered, and new orders were received for 1,253 ships – 365 of these were bulkers and 226 container ships. Deliveries in 2011 were also dominated by bulkers at 1,173 ships, followed by tankers (362) and container ships (190).
 


 

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Holland America Line's New Ship is ms Koningsdam

Holland America Line revealed the name of its new 99,500-ton cruise ship slated for delivery in February 2016 will be ms Koningsdam. While the name pays homage

USNS Fall River Delivered by Austal USA

The Navy informs it has accepted delivery of Joint High Speed Vessel, the future 'USNS Fall River' from the Austal USA shipbuilder. The delivery marks a major milestone,

Ingalls Delivers NSC Hamilton to USCG

Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division delivered the National Security Cutter Hamilton (WMSL 753) to the U.S. Coast Guard today. The

Tanker Trends

Upcoming Winter Tanker Market Same as Last Year?

Will the 2014/15 winter tanker market be a repeat of the previous one? Poten & Partners consider the question in their latest 'Poten Tanker Opinion'. As the

Mideast Crude Tanker Rates Near 3-month Low

Crude oil tanker earnings on the major Middle East route fell to their lowest in nearly three months as a slowdown in business in recent days battered rate sentiment.

China Orders More MAN Dual-Fuel Units

51/60DF engines to power LNGCs MAN Diesel & Turbo has announced a further order for its MAN 51/60DF engine. After a longer period of evaluation, an international consortium,

Container Ships

Port of Long Beach Sees Cargo Numbers Slip

Container cargo shipments declined by 9.1 percent in August at the Port of Long Beach, reflecting both early shipping by importers this year and the comparison

Seaspan Agreement with GCII & Blue Water

Seaspan Corporation announced today that it has entered into an agreement with Greater China Intermodal Investments LLC and Blue Water Commerce, LLC to extend

Haze and Reduced Visibility at Singapore Ports

Due to the presence of haze, the Maritime & Port Authority of Singapore Port Marine in their Notice No.113 of 2014 dated 15 September 2014 have informed the

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Sonar
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: 0.1352 sec (7 req/sec)