According to the statistics released by China Association of the National Shipbuilding Industry, China’s shipbuilding output for January to September was 30.74m dwt, an increase of 10.6% year on year, while the 57.34m dwt volume of newly received orders grew 76.7%.
As at the end of September, Chinese shipyards’ orderbook on hand was 133.93m dwt, an increase of 30.6% year-on-year.
Shipbuilding export volume was 26.31m dwt, an increase of 11.8% year-on-year, while newly received export shipbuilding orders were 53.53m dwt, up 82%. Export orders on hand were 124.97m dwt as the end of September, increasing 36.8%.
Shipbuilding volume, newly received shipbuilding orders, and orders on hand of exported vessels, accounted for 85.6%, 93.4% and 93.3% of national volume respectively.
As the end of September, China’s shipbuilding output, newly received orders and orders on hand accounted for 48.7%, 68.5% and 54.7% of the global shipbuilding market share.
Eighteen major Chinese ship repair yards completed a repair volume of 3,26 vessels for the first three quarters of 2023, slightly increased 0.8% year-on-year.
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