Shipbuilding Industry Globally & in China Examined in New Study Available at MarketPublishers.com16 Jan 2012 • by Natalie Aster
LONDON – In 2010, the new orders obtained by China shipbuilding industry valued USD36.3 billion, accounting for 38% of the global market and surpassing the 37% taken by South Korea. From January to September 2011, the new orders won by South Korean shipyards valued USD43.6 billion, while the new orders obtained by China shipbuilding industry dropped to USD13.5 billion, less than 40% of that in the same period of 2010.
What has dragged Chinese shipbuilding enterprises into the predicament is the sharp decline of the global shipping industry. The order backlog of Chinese shipyards will sustain till 2012. However, in late 2012 or early 2013, China shipbuilding industry will face a serious crisis. After the prosperity in 2007, the global dry & bulk cargo and container shipping markets will see a downturn and severe excess capacity till 2016.
New market research report "Global and China Shipbuilding Industry Report, 2010-2011" developed by ResearchInChina delves into a detailed discussion of the shipbuilding industry from the global perspective and focuses on an insightful review of the Chinese shipbuilding field. It features major factual statistics, offers understanding of the industry development and trends and includes thorough market forecasts.
Global and China Shipbuilding Industry Report, 2010-2011
Published: December, 2011
Price: US$ 2.500,00
More new market research reports by the publisher can be found at ResearchInChina page.