New order contracted in January and February 2013 in Chinese shipbuilding industry showed a small increase comparing with the same time period last year, however, delivery is reported to have sharply declined and industry’s total production value and ship exports also decreased that production management appears to get worse.
According to data from China Association of the National Shipbuilding Industry (CANSI), China’s ship delivery during the period from January to February 2013 was reported to be a combined 5.69m dwt, a 20.9% fall against the same time period of 2012, and new orders contracted amounted to 5.03m dwt, showing a 1.9% rise. Furthermore, an orderbook as of the end of February was seen as 106.29m dwt which represents a 27.4% decrease against the same time period last year and 0.6% decline from the end of 2012.
During the same period, China’s 1,648 companies in shipbuilding and related industries over a certain size are said to have CNY 102.9bn ($16.5bn) worth of total production value of completed products, showing a 4.9% decrease against the same time period of last year, and of which, shipbuilding industry saw a 10.4% decrease with CNY 70.2bn and ship equipment industry had CNY 15.6bn, a 6,5% rise. Moreover, ship repair industry saw a 9.7% decrease to CNY 5.8bn.
During the same period, total export value of them dropped by 25.2% year-on-year to CNY 28.6bn - of them, shipbuilders down by 28% to CNY 22.3bn, ship equipment makers increased by 4.5% to CNY 1.2bn and ship repairer declined by 24.9% to CNY 2.7bn.
During January-February period, Chinese shipbuilding industry’s delivery of export ships was reported to have decreased by 21.5% y-o-y to 4.92m dwt and won orders from foreign shipowners of a combined 3.9m dwt, a 1.8% increase. Also, the orderbook for export as of February was said to be a combined 90.87m dwt, a 25.9% decrease.
Ships for export are said to have accounted for 86.5%, 77.6% and 85.5% in China’s total delivery, new orders and orderbook, respectively.