In the overall depressed shipping and shipbuilding market, transaction activities of newbuilds and secondhand ships have kept a low tone since the beginning of this year. The exchange of information among seller, buyer, owner and broker becomes more important.
In the situation, Eshiptrading.com has held the second shipbroker’s salon on September 26 and brought an excellent opportunity for domestic brokers and owners to better reach transactions. 
Totally about 30 brokers and owners (all are members of Eshiptrading.com) with available ship S&P information attended the salon and share their resources and viewpoints with each other.
Shipyard representative on the salon revealed that the order drought still goes on in China and many shipyards are trying business transformation. However, shipbrokers all agree on that demand for offshore plants, engineering ships and special ships are still strong despite the overall slack. Besides, Jason Yu, CEO of Shanghai Jiuhe Ship Import & Export pointed out the potential of some South East Asian countries and Middle East areas are still expectable.
The representative of China CITIC Bank Mr. Huang says that they care more about the recovery of the market.  Mr. Huang reveals that currently financial support for ship industry is strictly limited due to the depression.
On the salon, Shanghai Quanya and Shanghai Ruiwei separately put a 3600PS tug and a 400-person DP2 accommodation barge for sale. China Huahan Industry and Trade is planning to resell a CCS-classed 57,000dwt bulker. All the participants were trying to promote ships for sale at hand or stated the ships they wanted.
The salon mainly concentrated on ships for sales and purchase as well as the current ship trading market in China. The participants are all the members of Eshiptrading and the resources are also available on WWW.ESHIPTRADING.COM. We will hold similar salon regularly in Shanghai, please feel free to contact us if you have any interests in our salon or the ships.