In this year to September, newbuilding order intakes penned by China’s 39 shipbuilding companies which are subject to be monitored amounted to a combined 35.51m dwt, up by 183% comparing with the same time period a year ago. However, the 39 shipbuilders delivered a total of 26.05m dwt ships, decreasing by 31.4% year-on-year, while standing on orderbook of 104.39m dwt, down by 2%, as of the end of September.

According to the China Association of the National Shipbuilding Industry (CANSI), 39 major shipbuilders had order intakes of ships for export totaling 33.41m dwt for the first nine months of the year, a sharp increase of 242%, however delivered 22.37m dwt ships for export, down by 28.9% year-on-year. As of the end of September, orderbook of ships for export recorded 91.65m dwt, a 1.4% decline.

Meanwhile, ships for export accounted for 94.1%, 85.9% and 87.8% share of order intake, delivery, and orderbook of the 39 major shipbuilders, respectively.