SeaNews Turkey - China rises to top in ranks of ship makers

Home

FAQ

RSS

Links

Site Map

Contact

Wednesday, 19.Jun.2013, 12:50 (GMT+3)

Keyword:

[Advance Search]

All News

COLUMNISTS

»	CAHIT ISTIKBAL

»	NILUFER ORAL

»	STEVE PELECANOS

»	SULEYMAN SAVAS

WORLD SHIPPING

SHIPPING NEWS

»	TURKISH STRAITS

»	HELLENIC SHIPPING NEWS

»	CRUISE NEWS

»	PILOTAGE&TOWAGE

»	SAFETY&SECURITY

»	Environmental

»	Towage & Salvage

»	Anatolian Agency

»	Hurriyet Daily News

»	HDAILYNEWS

LLOYD'S LIST

INSIGHT/OPINION

SHIPBROKER REPORTS

Poll

What you expect from freight market in 2013?

	Better than 2012.
	Worse than 2012.
	Continue recovering.
	Steady up.
	Rapid rise.
	None

SHIPBUILDING

China rises to top in ranks of ship makers

China, if measured by the number of ships it produces and the number of orders it receives for such vessels, is the foremost shipbuilder in the world.
Tuesday, 10.May.2011, 00:39 (GMT+3)

China, if measured by the number of ships it produces and the number of orders it receives for such vessels, is the foremost shipbuilder in the world.

Still, the country needs more time to become a real superpower in the shipbuilding industry, said a senior industry official.

China became the foremost shipbuilder in the world in 2010 and aims to become the builder of the most advanced ships by 2015, Li Dong, vice-director of equipment industry department of the Ministry of Industry and Information Technology, told a press conference on Saturday.

In 2010, China built ships with a total deadweight capacity of 65.6 million tons, accounting for 43 percent of the deadweight capacity of ships built in the world, he said.

In the same year, China received orders for the construction of ships with a total deadweight capacity of 75.2 million tons, making up 54 percent of the new orders in the world.

Also in 2010, the country was trying to catch up with unfulfilled orders for ships with 195.9 million tons of deadweight capacity, accounting for 41 percent of the unfulfilled orders for ships in the world.

"China has surpassed South Korea to become the foremost shipbuilder in the world," said Steen Brodsgaard Lund, executive vice-president and head of maritime services Asia-Pacific of the Germanischer Lloyd SE , a German classification society based in Hamburg.

"This momentum is likely to be maintained as China's booming shipbuilding industry is now on its way to become the world's leading shipbuilding nation from a quantity perspective and also continues to make impressive quality improvements."

Li said China, as part of its 12th Five-Year Plan (2011-2015), is looking to move from being a great sea power to a shipbuilding superpower.

Still, the country lags behind other shipbuilding powers in its ability to innovate and improve the technology used on seagoing vessels, he said.

Hu Keyi, technical director of Jiangnan Shipyard (Group) Co Ltd, is confident China enjoys great prospects in the shipbuilding industry.

"I want to answer those who wrongly hold that China's shipbuilding industry is too weak to compete with those of other nations, such as Japan and South Korea," he told China Daily in an exclusive interview this year. "As a matter of fact, after more than 10 years of rapid development with support from both State-owned banks and government policy, we can build high-end ships just as well as our counterparts."

Hu conceded China lags behind countries like Japan, the United States and South Korea in the construction of high-tech ships. Still, he said, China has advantages.

Jiangnan Changxing Heavy Industry Co Ltd, which is affiliated with the 146-year-old Jiangnan Shipyard, recently received an order from a German ship owner for the construction six containerships, each with a capacity of 9,000 twenty-foot equivalent units.

"Those are the largest of their kind that have ever been designed in China," Hu said. "The order shows Chinese shipyard's ability to build containerships in accordance with international standards."

He said business between Chinese shipyards and overseas clients will spread the reputation of vessels made in China.

Source: China Daily

Read: 4515 Times-

China, Shipbuilding, - Follow @SeaNews_Tr

Rating (Votes: 0)

Add your comment(Existing: 0)

Tell friend

COMMENTS ( 0 Existing)

Related Articles:

» Yibin ports' container volume surges nearly 200pc to 15,857 TEU

» Moody's report holds negative outlook for shipping over next 18 months

» Yang Ming sees stormy weather for shippers

» Oil Tankers Climb for Second Day Amid Cargo-Supply Speculation

» Moore Stephens: "Shipping Confidence Reaches Highest Level"

» Singapore container volume increases 1.4pc to 2.8 million TEU in May

» China's May growth rises 1pc, but June shows signs of slowing down

» Global manufacturing experiences moderate growth in PMI: JP Morgan

» Shanghai up 3.4pc in May to 2.9 million TEU, but slips from April growth

» Port of Xiamen container throughput second fastest-growing in China

» Asia-Europe container volumes flattens while eastbound cargo increases

» Lion Shipbrokers market Report 07 June 2013

» Iron Ore Ships Gain Most in Month as Fleet Seen Absorbing Demand

» Container Ship Demand to Grow in Line With GDP, Maersk Line Says

» Tankers: Overcapacity still plagues the market

» Drewry: Ocean rate war could come at a price to shippers

» Dry-Bulk Shipping Rates Decline as Panamax Fleet Seen Swelling

» Drewry: Top Three Muscle Out Others

» Drewry: Coal trade saves the Dry Bulk market

» Dalian terminals handle 8.06 million TEU, up 382pc over in last 10 years ago

» Rise in global tanker rates fails to boost Indian shipping industry

» Lion Wekly Market report: 31 May 2013

» MSC sells 35pc of terminal division to Global Infrastructure Partners

» Ireland posts 8pc fall in quarterly container traffic to 140,681 TEU

» Container shipping market shows signs of recovery

» Oil-Tanker Costs Rise for Third Day as Owners Seek Higher Rates

» Portuguese Companies Struggling, Minister Says

» Shipyards battle to stay afloat

» Urgent action still required between Asia and North Europe: Drewry

» Maersk posts 30pc group profit loss, but container volumes beat estimates

» LION SHIPBROKERS MARKET REPORT 17 May 2013

» Moody's: Global shipping sector faces risks

» New investors needed to help finance ships below 3,000 TEU: Drewry

» Ship orders show trace of recovery, but no big shift expected soon

» Hong Kong falls 12.2pc in April to 1.7 million TEU, Singapore up 1pc

» BIMCO’s Analyses Show Significant Turn for Shipyard Industry

» Hamburg Süd 2012: Better, but not yet good enough

» PC Maritime ECDIS in 50-vessel China Shipping Group deal

» Tanker market unkind to ship owners during April

» India to Import 1 Million Tons of Iron Ore Each Month

» Norway: WWH’s Q1 2013 Income Declines amid Drop in Shipping Volumes

» Transatlantic clean rates at near 3-month high on firm trade

» Iron Ore Ship Rates Rally Longest Since July as Cargoes Increase

» Norway: Slightly Better Chemical Tanker Market for Odfjell in Q1 2013

» G E Shipping: Crude Tanker Market Continues to Underperform

» US quarterly box growth up 10.2pc, rising for sixth straight quarter

» Mega box ship orders add to overcapacity as rates tumble: Drewry

» Hutchison and CMA CGM bid for Melbourne's third box terminal

» California levies rate hike on harbour users as ports lose market share

» Rotterdam's first quarter containers up 4pc, but empties dominate

Other Articles:
	Shipbuilding family gives to lawmakers defense fund (Saturday,07.05.2011)
	Wärtsilä wins total solution order for new LNG powered vessel from Norway (Friday,06.05.2011)
	First 8,888-TEU ship of eight, OOCL Beijing, is named in Shanghai (Wednesday,04.05.2011)
	China Shipbuilding Industry sees 2010 net profit up 7.28% (Saturday,30.04.2011)
	Newport News Shipbuilding Christens Tugboat Named After Mathews Native Capt. Marvin Ambrose (Thursday,28.04.2011)
	Yangzijiang Shipbuilding posts 63% rise in 1Q net profit to record $180m (Thursday,28.04.2011)
	After ditching shipbuilding unit, Northrop Grumman profit rises (Thursday,28.04.2011)
	Shipbuilding to ride wave of offshore supply vessel orders (Tuesday,26.04.2011)
	STX Offshore & Shipbuilding close to winning up to US$2.8b order (Monday,25.04.2011)
	$241 Million Dollar Deal Between Local Shipyard and Federal Govt. is Official; 300 New Jobs on the Way (Saturday,23.04.2011)