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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Austal Delivers LCS 8 to US Navy

Austal Limited (Austal) (ASX:ASB) delivered the future USS Montgomery (LCS 8) to the U.S. Navy, during a ceremony held aboard the ship at Austal USA’s shipyard in Mobile, Alabama, USA on 23 June.

Conrad Shipyard Forms LNG Business Unit

Conrad Shipyard has formed a new business unit focused on LNG projects.   Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery,

Prince Charles Places Final Section of UK Aircraft Carrier

The second of the largest warships ever built for the U.K. Royal Navy, the Queen Elizabeth Class carrier HMS Prince of Wales, was given the royal seal of approval when HRH The Prince of Wales,

Tanker Trends

VL-exit?

Earlier this week spot returns in the VLCC market touched their lowest level since October 2014, with TCE earnings for Middle East/Japan (TD3) falling close to $20,

RS Rules Conform to the IMO Goal-based Standards

The rules of the Russian Maritime Register of Shipping are in conformity to the International Maritime Organization (IMO)goal-based standards (GBS), the IMO’s Maritime

Asia Tankers-VLCC Rates to Climb Slowly

Around 47 MidEast charters fixed for July loading so far; older tonnage and new vessels a drag on freight rates. Freight rates for very large crude carriers

Container Ships

MSC Jade Sails with MAN's Biggest Engine

The largest and most powerful engine from MAN Diesel & Turbo’s portfolio ever designed and built has entered service.   Built by Doosan Engine in Korea and rated at 75,

Slowing Shipping Fleet Growth to Ease Officer Shortage

Slowing growth in the size of the shipping fleet will reduce the shortage of officers over the coming years, according to the latest Manning report published by global shipping consultancy Drewry.

Kuriyama Joins Matson Board of Directors

The Board of Directors of Matson, Inc. has appointed Stanley Kuriyama as a director of the company, effective June 23, 2016.   Kuriyama is the Executive Chairman of Alexander & Baldwin, Inc.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Offshore Oil Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | 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: 0.0933 sec (11 req/sec)