According to the statistics released by the Association of China’s National Shipbuilding Industry (CANSI), the shipbuilding output for the first seven months was 20.03m dwt, a decline of 9.4% year-on-year; the newly received order volume was 13.99m dwt, a decline of 4.8%. As the end of July, the orderbook on hand was 75.62m dwt, a decline of 7.7%.
Shipbuilding export volume was 18.51m dwt, a decline of 10.5% year-on-year, while newly received export shipbuilding orders were 12.62m dwt, a decline of 7.7%; the export orders in hand were 69.65m dwt as the end of July, a decline of 6.5%, accounting for 92.4%, 90.2% and 92.1% of national volume respectively.
The 75 major Chinese shipbuilding industry players posted RMB140.3bn ($20bn) main operational income and RMB930m ($133m) in total profit, a drop of 3.2% and 49.2% year-on-year respectively.
As of the end of July, China’s accomplished shipbuilding output, newly received orders and orders in hand hold 37.3%, 67.5% and 48.6% of global shipbuilding market share.
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