Year-to-March, China’s 80 shipbuilding and related companies which are subject to be monitored showed decreases all in gross production value, economic effect and total amount of ship exports with aggravated production management.
According to the China Association of National Shipbuilding Industry, in the first three months in 2013, 39 major shipbuilders to be monitored delivered vessels of a combined of 8.41m dwt, showing a 14.4% decrease against the same quarter of last year while winning 8.67m dwt of newbuildings, which represents a 65.9% of increase with 94.98m dwt of orderbook, down by 25.7%.
During the same period, 39 major shipyards exported 6.97m dwt of ships to foreign shipowners, down by 17.4% against the same quarter of 2012 while winning 93.6% increased export ships, a total of 7.94m dwt. As of the tail end of March, orderbook was seen to have stood on a combined 81.2m dwt, down by 24.2%.
Meanwhile, the gross production value of 80 shipbuilding and related companies which are subject to be monitored was reported to be a total of CNY 72.6bn (equating to $11.7bn) in the first quarter of this year, down by 21.3% year-on-year, among which, CNY 36.2bn was posted in shipbuilding industry showing a 30.6% decline comparing with the same quarter of 2012. As for ship equipment industry, CNY 1.99bn of gross production value was seen with a decrease of 24.2% while ship repair industry saw CNY 5.37bn with a 33.5% of drop.
Export trade value of 80 shipbuilding and related companies was reported to be CNY 31.8bn in the same period with a 30.8% decrease, among which, the one in shipbuilding industry was seen to be CNY 25.8bn, having showed a 26.6% decline year-on-year. In terms of ship equipment industry, it reported CNY 890m with a drop of 35% while ship repair industry showed CNY 880m with a 32% drop.
During a period from January to March, revenues of 80 quality shipbuilding and related companies to be monitored were reported to be CNY 48.8bn with a 19.2% decline against the same quarter of last year. Total profits, by the way, were calculated to be CNY 970m with a drop of 68.9% as well.