Newbuilding prices of those ordered at Chinese shipyard show relatively huge gap in terms of shipowners - domestic and overseas shipowners.
According to the Maritime Safety Administration of Shanghai, it issued certificates for temporary Chinese registry for around 25 test sailing vessels - 18 bulkers, four AHTS, two tankers and one containership - during this third quarter, declined by one vessels year-on-year.
Chinese flag ships remain only nine vessels and most of the other foreign registered 16 vessels belong to overseas owners.
Also, there shows quite significant newbuilding price differences between the same-size vessels. Newbuilding prices of 87,000-dwt bulker vary from $50.3m to $54.25m, while 115,000-dwt and 176,000-dwt range from $51.8m to $56.07m and from $48m to $59.5m, respectively.
The Chinese government said Chinese shipyards were offering different prices to be more competitive and attract overseas shipowners' investment.