In this year to September, global shipbuilding industry saw an uptrend in newbuilding orders against last year and China also experienced the increase in orders. Seizing this opportunity, major Chinese builders turned out to have focused on development of energy-saving and eco-friendly vessels and securement of newbuilding orders during the period.

According to the China Association of the National Shipbuilding Industry (CANSI), Chinese yards won newbuilding orders of a combined 38.06m dwt for the first nine months of this year, up by 147.1% year-on-year.

Meanwhile, Chinese yards delivered a total of 30.61m dwt newbuildings, which represents a 26.4% year-on-year decline.

As of the end of September, Chinese shipbuilding industry was standing on 113.97m dwt amount of orderbook, down by 5.7% from the corresponding period a year ago but up by 6.6% against the end of 2012.

In this year to September, Chinese yards inked 35.47m dwt ships for export, greatly increasing by 195% from the same period a year ago, while having delivered 25.80m dwt ships for export, down by 24.8% year-on-year.

As of the end of September, ships for export were seen to stand on 99.49m dwt amount of orderbook, down by 1.7% from a year ago.

Ships for export accounted for 93.2%, 84.3% and 87.3% share of total order intake, delivery and orderbook of Chinese shipbuilding industry, respectively.