In the January-July period this year, the aggregate shipbuilding output in China amounted to 24.09 million dead weight tons (dwt), up 15.6 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 44.76 million dwt, rising by 74 percent year on year. As of the end of July this year, ship orders on the books of Chinese shipbuilding enterprises totaled 127.9 million dwt, up 23.4 percent year on year.
In the January-July period, the shipbuilding output and the new shipbuilding order volume of Chinese shipbuilding enterprises accounted for 47.8 percent and 67.7 percent of the overall respective volumes globally, while as of the end of July ship orders on the books of the Chinese enterprises accounted for 52.9 percent of ship orders on the books of shipbuilding enterprises globally.