China Shipbuilding Industry Report, 2008-2009
In 2008, Chinese accomplished shipbuilding output was 28.81 million deadweight tonnages, rising by 52.2% of last year. The newly undertook ship orders were 58.18 million deadweight tonnages, a reduction of 40.9% of last year. Ship orders in hand were 204.6 million deadweight tonnages, increased by 28.7% compared with 2007. According to the Clarksons, the market shares of Chinese accomplished shipbuilding output, newly undertook ship orders and ship orders in hand accounted for 29.5%, 37.7% and 35.5% respectively in the world, in which Chinese accomplished shipbuilding output and ship orders in hand kept a fast growth for six consecutive years and led to the three indicators standing the second place in the world.
According to the Clarkson, in 2008, the global newly undertook ship orders were totaled at 150 million deadweight tonnages, a reduction of 42.7% of last year. Especially In Q4 2008, the global newly undertook ship orders were only totaled at 4.76 million deadweight tonnages, which mean each month had an order as small as 1.59 million deadweight tonnages during this quarter, which was only 1/10 of the monthly average during the previous nine months of 2008.
With the transfer of international financial crisis to the real economy, Chinese shipbuilding industry has also felt the coming of strikes. In 2008, the newly undertook ship orders were 58.18 million deadweight tonnages and only 2.61 million deadweight tonnages in the fourth quarter, less than 5% of the whole year’s. Chinese accomplished shipbuilding output exceeded the new undertook orders from October of 2008, first consecutive reduction of monthly orders in hand over the past five years. It is predicted that Chinese accomplished shipbuilding output in 2009 will be over 40 million deadweight tonnages and 56 million deadweight tonnages of orders in hand of last year’s was scheduled to accomplish in 2009. The intervals are about 16 million deadweight tonnages. It is predicted that the newly undertook orders are only about 20 to 30 million deadweight tonnages, half or more reduction year on year. At present, Chinese ship orders in hand declined from 205 million to million deadweight tonnages in 2007 to 160 million deadweight tonnages.
In February 2009, Chinese government issued the Adjustment and Revitalization Plans of Chinese Shipping Industry, showing the Chinese government’s determination to support shipbuilding industry.
The plans emphasis on the points as following: firstly, to stabilize the production; secondly, to enlarge the market demand; thirdly, to develop marine engineering equipment; fourthly, to actively promote the ship repairing; fifthly, to support the merge & acquisition; sixthly, to strengthening the technical innovations.
According to the Clarkson, in 2008, the global newly undertook ship orders were totaled at 150 million deadweight tonnages, a reduction of 42.7% of last year. Especially In Q4 2008, the global newly undertook ship orders were only totaled at 4.76 million deadweight tonnages, which mean each month had an order as small as 1.59 million deadweight tonnages during this quarter, which was only 1/10 of the monthly average during the previous nine months of 2008.
With the transfer of international financial crisis to the real economy, Chinese shipbuilding industry has also felt the coming of strikes. In 2008, the newly undertook ship orders were 58.18 million deadweight tonnages and only 2.61 million deadweight tonnages in the fourth quarter, less than 5% of the whole year’s. Chinese accomplished shipbuilding output exceeded the new undertook orders from October of 2008, first consecutive reduction of monthly orders in hand over the past five years. It is predicted that Chinese accomplished shipbuilding output in 2009 will be over 40 million deadweight tonnages and 56 million deadweight tonnages of orders in hand of last year’s was scheduled to accomplish in 2009. The intervals are about 16 million deadweight tonnages. It is predicted that the newly undertook orders are only about 20 to 30 million deadweight tonnages, half or more reduction year on year. At present, Chinese ship orders in hand declined from 205 million to million deadweight tonnages in 2007 to 160 million deadweight tonnages.
In February 2009, Chinese government issued the Adjustment and Revitalization Plans of Chinese Shipping Industry, showing the Chinese government’s determination to support shipbuilding industry.
The plans emphasis on the points as following: firstly, to stabilize the production; secondly, to enlarge the market demand; thirdly, to develop marine engineering equipment; fourthly, to actively promote the ship repairing; fifthly, to support the merge & acquisition; sixthly, to strengthening the technical innovations.
1. OVERVIEW OF CHINESE SHIPBUILDING INDUSTRY IN 2008
1.1 Influences of the Economic
1.2 Policies in 2008
1.3 Statistics of Major Indices, 2003-2008
2. OPERATIONS OF CHINESE SHIPBUILDING INDUSTRY
2.1 Status Quo
2.2 Developments
2.2.1 Market Scale and Competition
2.2.2 Profitability
2.2.3 Asset/Liability
2.3.4 Growth Ability
2.3.5 Operational Efficiency
3. CHINESE SHIPBUILDING INDUSTRY CHAIN ANALYSIS
3.1 Raw Material Market in 2008
3.2 Productions
3.3 Market Demands
3.4 Related Industries
3.5 Internal Analysis of Shipbuilding Companies
3.6 Influence of Government
3.7 Other Influential Factors
4. FORECAST OF CHINESE SHIPBUILDING INDUSTRY
4.1 Overall Forecast in 2009
4.1.1 Production Capacity and Output
4.1.2 Oversea Competition
4.1.3 Localization of Ship Corollary Equipment Manufacturing
4.2 Shipbuilding Raw Material Market Forecast
5. SUPPLY AND DEMAND
5.1 Economic Factors
5.1.1 Macro Economy
5.1.2 Waterway Transportation
5.1.3 Ports
5.2 Forecast of Supply and Demand
5.2.1 Bulk Carrier
5.2.2 Container Ship
5.2.3 Oil Tanker
5.2.4 Ship Corollary Equipment Market
5.2.5 Forecast of Market Scale
5.2.6 Prices Forecast
6. KEY PLAYERS
6.1 Overview
6.1.1 Evaluation of Key Players
6.1.2 Sales Revenue of Key Players
6.2 China State Shipbuilding Corporation
6.2.1 Company Profile
6.2.2 Operation
6.2.3 Development Strategies
6.3 Shanghai Waigaoqiao Shipbuilding Co., Ltd.
6.3.1 Company Profile
6.3.2 Operation
6.3.3 Competitiveness
6.4 China Shipbuilding Industry Corporation
6.4.1 Company Profile
6.4.2 Operation
6.4.3 Competitiveness
6.4.4 Development Strategies
6.5 Guangzhou Shipyard International Co., Ltd.
6.5.1 Company Profile
6.5.2 Operation
6.6 Dalian Shipbuilding Industry Co., Ltd.
6.6.1 Company Profile
6.6.2 Operation
6.6.3 Development Strategies
6.7 Jiangsu New Times Shipbuilding Co., Ltd.
6.7.1 Company Profile
6.7.2 Operation
7. INVESTMENT OPPORTUNITIES AND RISKS
7.1 Investment Opportunities
7.2 Investment Risks
7.2.1 Risks
7.2.2 Countermeasures
1.1 Influences of the Economic
1.2 Policies in 2008
1.3 Statistics of Major Indices, 2003-2008
2. OPERATIONS OF CHINESE SHIPBUILDING INDUSTRY
2.1 Status Quo
2.2 Developments
2.2.1 Market Scale and Competition
2.2.2 Profitability
2.2.3 Asset/Liability
2.3.4 Growth Ability
2.3.5 Operational Efficiency
3. CHINESE SHIPBUILDING INDUSTRY CHAIN ANALYSIS
3.1 Raw Material Market in 2008
3.2 Productions
3.3 Market Demands
3.4 Related Industries
3.5 Internal Analysis of Shipbuilding Companies
3.6 Influence of Government
3.7 Other Influential Factors
4. FORECAST OF CHINESE SHIPBUILDING INDUSTRY
4.1 Overall Forecast in 2009
4.1.1 Production Capacity and Output
4.1.2 Oversea Competition
4.1.3 Localization of Ship Corollary Equipment Manufacturing
4.2 Shipbuilding Raw Material Market Forecast
5. SUPPLY AND DEMAND
5.1 Economic Factors
5.1.1 Macro Economy
5.1.2 Waterway Transportation
5.1.3 Ports
5.2 Forecast of Supply and Demand
5.2.1 Bulk Carrier
5.2.2 Container Ship
5.2.3 Oil Tanker
5.2.4 Ship Corollary Equipment Market
5.2.5 Forecast of Market Scale
5.2.6 Prices Forecast
6. KEY PLAYERS
6.1 Overview
6.1.1 Evaluation of Key Players
6.1.2 Sales Revenue of Key Players
6.2 China State Shipbuilding Corporation
6.2.1 Company Profile
6.2.2 Operation
6.2.3 Development Strategies
6.3 Shanghai Waigaoqiao Shipbuilding Co., Ltd.
6.3.1 Company Profile
6.3.2 Operation
6.3.3 Competitiveness
6.4 China Shipbuilding Industry Corporation
6.4.1 Company Profile
6.4.2 Operation
6.4.3 Competitiveness
6.4.4 Development Strategies
6.5 Guangzhou Shipyard International Co., Ltd.
6.5.1 Company Profile
6.5.2 Operation
6.6 Dalian Shipbuilding Industry Co., Ltd.
6.6.1 Company Profile
6.6.2 Operation
6.6.3 Development Strategies
6.7 Jiangsu New Times Shipbuilding Co., Ltd.
6.7.1 Company Profile
6.7.2 Operation
7. INVESTMENT OPPORTUNITIES AND RISKS
7.1 Investment Opportunities
7.2 Investment Risks
7.2.1 Risks
7.2.2 Countermeasures
SELECTED CHARTS
Total Industrial Output Value of China’s Shipbuilding Industry, 2003-2008
Sales Revenue and Profit of China’s Shipbuilding Industry, 2003-2008
China’s Ship Export Growth, 2003-2008
Global Accomplished Shipbuilding Output
20mm Medium Plate Price in China ,2008
Cargo Transport Volume by Waterway in China, 2007-2010e
Container Terminal Construction in China
Growth Rate of Global Seaborne Trade of Iron Ore, 1999-2009e
China’s Iron Ore Import, 2001-2009e
The Positive Correlation of Global Container Seaborne Trade and GDP
Growth Rate of Global Container Seaborne Trade, 2005-2009e
Global Newly Undertook Ship Orders Break Down by Bulk Carrier, Oil Tanker and Container Ship
Performance of China State Shipbuilding Corporation, 2006-2008
Performance of Shanghai Waigaoqiao Shipbuilding Co., Ltd., 2006-2008
Performance of Dalian Shipbuilding Industry Co., Ltd., 2006-2008
Performance of Jiangsu New Times Shipbuilding Co., Ltd. 2006-2008
Development s of China’s Macro Economy, 2003-2008
Distribution of Above 50,000 Tons Ship-building Facilities in China
Global Proportion of China’s Accomplished Shipbuilding Output, Newly Undertook Orders and Orders in Hand,2008
Global Market Share and Ranking of China’s Shipbuilding Industry in the Past 13 Years
Top Ten Shipbuilding Enterprises by Newly Undertook Orders in China, 2008
Top Ten Shipbuilding Enterprises by Orders in Hand in China, 2008
Profit of China’s Shipbuilding Industry
Accumulated Assets of China’s Shipbuilding Industry
Losses of China’s Shipbuilding Industry
Cost of Sales of China’s Shipbuilding Industry
Financial Cost of China’s Shipbuilding Industry
Price Trend of Oil Tanker and Bulk Carrier
Newly-added Production Capacity of Shipbuilding in China, 2008-2010e
Shipbuilding Facilities in South Korea (above 50,000 tons)
Shipbuilding Facilities in Japan (above 50,000 tons)
Shipbuilding Competition between China and South Korean
Under-construction Shipbuilding Facilities in China
China’s Marine Diesel Engine Output
China’s Medium Plate Output in 2008
China’s Waterway Transport Capacity and The Quantity of Existing Ships
Growth of China’s Port Industry
Major Imported Components for Ocean-going Vessels Manufacturing in China
Annual Demand for Low-speed Marine Diesels
Annual Average Ship Demand of Japan, China and South Korea
Gross Profit Margin of Some Listed Shipbuilding Companies in China in 2008
Operation of Major Chinese Shipbuilding Enterprises in 2007
Ranking of Chinese Shipbuilding Enterprises by Newly Undertook Orders in 2008
Ranking of Chinese Shipbuilding Enterprises by Orders in Hand in 2008
Profit of China State Shipbuilding Corporation in 2008
Profit of China Shipbuilding Industry Corporation in 2008
Profit of Guangzhou Shipyard International Co., Ltd. in 2008
Global Ship Demand, 2005-2010e
Global Annual Ship Demand, 2009-2012e
Ranking of Chinese Marine Diesel Manufacturers
China’s Annual Demand for Low-speed Marine Diesels
Constructional Period for Different Types of Ship
Total Industrial Output Value of China’s Shipbuilding Industry, 2003-2008
Sales Revenue and Profit of China’s Shipbuilding Industry, 2003-2008
China’s Ship Export Growth, 2003-2008
Global Accomplished Shipbuilding Output
20mm Medium Plate Price in China ,2008
Cargo Transport Volume by Waterway in China, 2007-2010e
Container Terminal Construction in China
Growth Rate of Global Seaborne Trade of Iron Ore, 1999-2009e
China’s Iron Ore Import, 2001-2009e
The Positive Correlation of Global Container Seaborne Trade and GDP
Growth Rate of Global Container Seaborne Trade, 2005-2009e
Global Newly Undertook Ship Orders Break Down by Bulk Carrier, Oil Tanker and Container Ship
Performance of China State Shipbuilding Corporation, 2006-2008
Performance of Shanghai Waigaoqiao Shipbuilding Co., Ltd., 2006-2008
Performance of Dalian Shipbuilding Industry Co., Ltd., 2006-2008
Performance of Jiangsu New Times Shipbuilding Co., Ltd. 2006-2008
Development s of China’s Macro Economy, 2003-2008
Distribution of Above 50,000 Tons Ship-building Facilities in China
Global Proportion of China’s Accomplished Shipbuilding Output, Newly Undertook Orders and Orders in Hand,2008
Global Market Share and Ranking of China’s Shipbuilding Industry in the Past 13 Years
Top Ten Shipbuilding Enterprises by Newly Undertook Orders in China, 2008
Top Ten Shipbuilding Enterprises by Orders in Hand in China, 2008
Profit of China’s Shipbuilding Industry
Accumulated Assets of China’s Shipbuilding Industry
Losses of China’s Shipbuilding Industry
Cost of Sales of China’s Shipbuilding Industry
Financial Cost of China’s Shipbuilding Industry
Price Trend of Oil Tanker and Bulk Carrier
Newly-added Production Capacity of Shipbuilding in China, 2008-2010e
Shipbuilding Facilities in South Korea (above 50,000 tons)
Shipbuilding Facilities in Japan (above 50,000 tons)
Shipbuilding Competition between China and South Korean
Under-construction Shipbuilding Facilities in China
China’s Marine Diesel Engine Output
China’s Medium Plate Output in 2008
China’s Waterway Transport Capacity and The Quantity of Existing Ships
Growth of China’s Port Industry
Major Imported Components for Ocean-going Vessels Manufacturing in China
Annual Demand for Low-speed Marine Diesels
Annual Average Ship Demand of Japan, China and South Korea
Gross Profit Margin of Some Listed Shipbuilding Companies in China in 2008
Operation of Major Chinese Shipbuilding Enterprises in 2007
Ranking of Chinese Shipbuilding Enterprises by Newly Undertook Orders in 2008
Ranking of Chinese Shipbuilding Enterprises by Orders in Hand in 2008
Profit of China State Shipbuilding Corporation in 2008
Profit of China Shipbuilding Industry Corporation in 2008
Profit of Guangzhou Shipyard International Co., Ltd. in 2008
Global Ship Demand, 2005-2010e
Global Annual Ship Demand, 2009-2012e
Ranking of Chinese Marine Diesel Manufacturers
China’s Annual Demand for Low-speed Marine Diesels
Constructional Period for Different Types of Ship
