Chinese shipbuilding industry
- Thread starter tphuang
- Start date
It seems 50%+ share is getting normal for China
That leaves 7% or less for Japanese ship yards. IIRC, Japanese yards used to get ~15%, so they are experiencing a much worse drop than the South Korean yards.
The Koreans were making small losses for some years.
But now, overall shipbuilding capacity is constrained so prices are up and there is a large backlog.
Plus the Koreans specialise in LNG carriers, which have a huge backlog now. In addition, we're seeing the Koreans shipbuilders import more components from China, which reduces costs and bypasses labour limitations.
China's second domestically-built large , now under construction, will have its body length extended by 17.4 meters and its public area enlarged by about 3000 square meters compared with the Adora Magic City, according to the ship's manufacturer...
@tphuang second ship construction has started ..
great. I actually just came back from a cruise ship.
Still operating after 22 years. So these things really need to last a while. Really complicated machines to build
Going to be tough for all the European shipyards when they lose business here
by78
General
This is somewhat related to Hudong shipyard's relocation to Changxing island. The current facilities will be dismantled and the site re-developed.
The end of an era for Hudong shipyard. The last new ship (an LNG carrier) being built at its old facility in Pudong district has just left the dry dock for sea trials. New ship production going forward will now shift to Hudong's new facility on Changxing Island.
