News Center Market Analysis
Hot Keywords
China: Shipbuilders Struggling to Stay Afloat
Views(231)
Source:Global Times

The State Council recently issued a plan to accelerate restructuring and technological upgrading within China's shipbuilding industry. In 2010, China led the world in terms of shipbuilding volume. But the same cannot be said about the country's ship construction technology or the competitive strengths of its shipyards. Over the years, Chinese shipbuilding has expanded too quickly through repeated investment and the industry is now waterlogged with excessive capacity. This is true across the nautical construction sector - makers of low-end bulk carriers and high-end tankers all face similar predicaments.
A persistent downturn in the global shipping market hasn't helped matters either. With few signs of relief on the horizon, it is critical to establish a stable, sustainable and orderly ship making environment. After all, Chinese shipyards are major buyers of industrial products such as steel, iron and heavy machinery. They also supply vital assets to several of the country's largest industries, including offshore oil and gas producers.

< Back to News Center< Market Analysis
Latest Ship News
Hottest Ships
Ship Type
Class
Built Year
Built Place
Trail Suction Hopper Dredger
ZC
2006 Built
China
High Speed Passenger Ship
ZC
2003 Built
China
Container
ZC
2000 Built
China
Bulk Carrier
BV
2012 Built
China
Trail Suction Hopper Dredger
CCS
2013 Built
China
Home About Us Contact Us Help Center Advertising

Copyright © 2006-2017 沪ICP备17049160号 Eshiptrading.com All Rights Reserved