In the year to May, the industrial gross production value, economic effect and total ship export of China’s 80 shipbuilding and its related companies which are subject to be monitored were seen to go downwards and production management condition also got worse.
According to a recent report of the China Association of the National Shipbuilding Industry (CANSI), vessel delivery made by those 39 companies amounted to a combined 14.64m dwt, down by 26.7% comparing with the same time period a year ago. Newbuilding order intakes increased by 62.2% to 12.78m dwt while their orderbooks by the end of May declined by 20.9% to 95.38m dwt.
As for export ship, 39 major shipbuilders delivered a total of 12.06m dwt in the first five months, showing a 27.8% decline from a year ago. Also, the order intakes of ships for export totaled 11.45m dwt, increasing sharply by 103% while orderbook declined by 22.1% to 80.21m dwt.  
Meanwhile, the complete industrial gross production value of the China’s 80 shipbuilding and its related companies was CNY 135.7bn (around above $22bn) decreasing by 17.5% from a year ago, of which shipbuilding sector dropped by 31.6% to CNY 69.6bn while ship equipment showed a 31.5% drop to CNY 9.49bn and ship repair also declined by 9.2% to CNY 4.84bn.
During the same period, the complete export trading value of the 80 companies came to CNY 64.4bn with a 24.4% decline comparing with the same time period a year ago, of which, shipbuilding had 25.4% decreased to CNY 59bn while ship equipment showed a 35% decrease to CNY 2.16bn and ship repair also declined by 19.8% to CNY 2.84bn.
In the year to May, the operating revenue of those 80 companies was CNY 84.1bn with a year-on-year decline of 22.4% while total profit was recorded to be CNY 2.47bn, also showing a 59.3% decrease in comparison to the same time period of last year.