On 28th November, a pageant gathering well-known experts, famous shipping & shipbuilding enterprises decision-makers and relevant government officials – China Shipbuilding & International Ship-trading Summit 2011 was held in Intercontinental Shanghai Expo. At the second summit for shipbuilding and ship-trading, which is co-organized by the Associations of Shipbuilding Industry in Shanghai, Jiangsu and Zhejiang, all the participants together endeavor to address the current difficulties and explore development strategies for ship-related enterprises.
Currently, global shipbuilding industry is confronted with numerous difficulties: continuing global shipping downturn, declining new orders, rising delivery delay, growing intensified competition, increasing difficult financing, soaring shipbuilding cost, sluggish economic environment, etc. All these severely hinder the paces for ship-related companies’ development.
At the summit, outstanding experts from relevant national ministries and administrations make in-depth analysis on the development and future roads of Chinese shipbuilding industry under new IMO regulations. Senior representatives from famous shipbuilders, shipowners, shipbrokers and ship financing institutions share their experience and in-depth opinions about the current market. Besides, the participants also benefit a lot from the speeches about ship-related laws and contracts.
The speakers and the participants sincerely and ardently exchange and share their understandings and try to find answers for their questions about the mixed market from each other. Elite people from different areas eagerly enrich their knowledge about current shipping and shipbuilding industry as well as related fields. 
In the end, all the discussions and exchanges come to an consensus: the shipbuilding market would not see another peak in the next few years.
However, it is a good opportunity for all the shipbuilding enterprises and shipowners to optimize their production and management to embrace the next market peak.