China’s shipbuilding industry continues to be challenged as newbuilding orders chart a downward trend over the first 10 months of this year, according to statistics from China Association of the National Shipbuilding Industry (Cansi).
China Association of the National Shipbuilding Industry (Cansi) has recorded a continuing drop in new shipbuilding contracts at Chinese yards from January to September this year.
The lingering overcapacity in the global shipping market has led to the expected and continuing fall in newbuilding orders received at Chinese shipyards in the first eight months of this year, according to figures from China Association of the...
China’s shipbuilders continued to see reduced newbuilding orders in the first seven months of this year amid the sluggish shipbuilding market, according to figures released by China Association of the National Shipbuilding Industry (Cansi).
New shipbuilding orders going to Chinese yards in the first six months this year have plunged by 72.6% year-on-year, due mainly to the sluggish dry bulk shipping market as China is a major producer of bulk carriers.
New shipbuilding orders continued to shrink at China’s shipyards in the first five months of this year, according to data from China Association of The National Shipbuilding Industry (Cansi), as the sector battles an ongoing downturn.
China’s Taizhou shipbuilders have recorded improved shipbuilding figures for the first time in three years, amid a gradual recovery of the market.
China Association of the National Shipbuilding Industry (Cansi) has urged Chinese shipyards to stay on the path of moving up the value chain and streamlining operations, if the country is to become the world’s leading shipbuilding nation.