In the January-August period this year, the aggregate shipbuilding output in China amounted to 24.30 million dead weight tons (dwt), down 22.4 percent year on year, as announced by the China Association of the National Shipbuilding Industry (CANSI). In the given period, China’s new ship orders amounted to 25.31 million dwt, increasing by 59.7 percent year on year. As of the end of August, ship orders on the books of Chinese shipbuilding enterprises totaled 88.25 million dwt, up 11.4 percent year on year.
In the January-August period this year, the aggregate shipbuilding output for export orders in China totaled 22.33 million dead weight tons (dwt), down 24.2 percent year on year and accounting for 91.9 percent of the total shipbuilding output in China in the given period. Meanwhile, China’s new ship export orders in the period in question amounted to 22.53 million dwt, increasing by 55.7 percent year on year and constituting 89.0 percent of total new ship orders. As of the end of August, ship export orders on the books of Chinese shipbuilding enterprises totaled 78.81 million dwt, up 4.6 percent year on year and constituting 89.3 percent of total ship orders on the books of Chinese shipbuilding enterprises.