Amid global shipbuilding market depression during the first four months, Chinese shipbuilding industry saw its major shipbuilding-related indexes fall. Also, its total production value slowed down, export ship decreased, etc.
According to the China Association of the National shipbuilding Industry (CANSI)'s offcial data, China's delivery, during January-April 2012, decreased by 16.8% to 15.65m dwt, year on year. Chinese shipbuilders contracted a total of 7.37m-dwt newbuildings in the four months, down by 45.9%, while their orderbook at the end of April stood at 139.24m dwt, down by 26.1% y-o-y.
Export ship delivery and export newbuilding order declined by 21.4% and 49.5% to 12.67m dwt and 5.58m dwt, each. Backlog for export ship, as of the end of April, dropped by 27.3% to 117m dwt. Export ship took 81%, 75.8% and 83.8% of overall delivery, new order and orderbook.
Meanwhile, during the first four months, China's 1,624 shipbuilding-related companies over a certain level's total production value of completed product increased by 6.3% to CNY 249.8bn ($39.2bn), among which newbuilding segment grew by 2.3% to CNY 188.3bn, marine equipment rose by 26.2% to CNY 35.2bn, ship repair, conversion and offshore facility construction went up by 8.7%, 31.1% and 6.6% to CNY 5.5bn, CNY 10.9bn and CNY 8.5bn, respectively.
During the same period, total export value of ship related product from these companies decreased by 10.9% to CNY 87.9bn, of which shipbuilding industry declined by 11.6% to CNY 80.4bn, marine equipment and ship repair increased by 4.7% and 4.8% to CNY 3.4bn and CNY 1.4bn, while conversion dropped by 17.9% to CNY 700m and offshore facility construction rose by 44.3% to CNY 600m.