Chinese shipbuilders delivered overall 60.21m dwt (19.01m cgt) in the full 2012, which saw 21% decrease on the previous year, while they contracted a total of 20.41m dwt (8.69m cgt), declined by 44% year-on-year.
China Association of the National Shipbuilding Industry (CANSI) announced its yearly report on January 25 and said Chinese shipyards' newbuilding orderbook as of the end of December 2012 stood at 106.95m dwt (36m cgt), down by 29% year-on-year.
As for export ship, in particular, delivery dropped by 21% year-on-year to 49.49m dwt, new order plunged by 46% to 14.96m dwt and backlog was reduced by 35% to 88.44m dwt.
Meanwhile, a total of 1,647 shipbuilding-related companies over a certain size saw their total revenues, during the first 11 months of last year, declined by 0.2% year-on-year to CNY 616.2bn - shipbuilding industry decreased by 4% to CNY 456.8bn, ship equipment increased by 17% to CNY 94.9bn and ship repair up by 9% to CNY 13.5bn.
During the same period, as for profits, shipbuilding industry recorded CNY 22.5bn, plummeted by 35%, while ship equipment rose by 2% to CNY 4.4bn and ship repair saw CNY 90m loss.
Especially, a total of 323 companies in shipbuilding, ship equipment and ship repair industries saw the red, with total amount of losses expanded by 2.6 times.