Chinese shipbuilding industry

jli88 said:

It's always the koreans who come up with these numbers first:

For Oct (very volatile, so look at YTD numbers),

1. Orders in October amounted to 2.91 million CGT (118 ships), down 33% from the previous month (4.37 million CGT) and 38% from the same month last year (4.71 million CGT)
2. Korea recorded 520,000 CGT (9 vessels, 18% share), while China recorded 2.13 million CGT (98 vessels, 73%).
3. The equivalent tonnage per vessel was 58,000 CGT for Korea and 22,000 CGT for China

For YTD

1. Cumulative orders from January to October totaled 37.89 million CGT (1,392 vessels), a 43% decrease from the same period last year (66.49 million CGT)
2. Korea accounted for 8.06 million CGT (183 vessels, 21%), while China accounted for 22.39 million CGT (895 vessels, 59%)
3. The global order backlog totaled 167.79 million CGT, with China accounting for 11.96 million CGT (61%) and Korea for 20%

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1. global shipbuilding orders in November reached 5.13 million compensated gross tonnage (CGT), or 152 ships. This represents an increase from the previous month (2.99 million CGT, or 122 ships) but a decrease from the same month last year (5.17 million CGT, or 184 ships).
2. Korean shipbuilders secured orders for 1.97 million CGT (40 vessels), taking a 38% market share.
3. China secured orders for 2.58 million CGT (100 vessels), taking a 50% market share.

1. cumulative global order volume was 44.99 million CGT (1,627 ships), a 37% decrease compared to 71.52 million CGT (2,994 ships) in the same period last year
2. Korea secured orders for 10.03 million CGT (223 vessels), accounting for 22% of the total.
3. China secured 59% with 26.64 million CGT (1,067 vessels)

On the same day, at the China State Shipbuilding Corporation’s Science and Technology Innovation Conference and the “Academician Forum,” a core event of Science and Technology Week, Academician Lin Feng from the 703 Institute delivered a lecture titled “Development and Challenges of New Ship Power Systems,” giving an in-depth explanation of the core role of marine propulsion in the strategy of building China into a strong maritime power, as well as its future development direction.

Looking to the future, the 703 Institute will continue to focus on major national strategic needs such as building China into a strong maritime power, a science and technology power, and a manufacturing power. Relying on its accumulated technological advantages in marine propulsion, gas turbines, and marine equipment, it will persist in tackling key technologies and promoting innovation in system integration, contributing solid strength to raising the modernization level of China’s marine power equipment and advancing the development of high-end equipment.

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全球最大海上“零碳城市”

24kTEU甲醇双燃料箱船


当甲板=3.5个足球场

绿色心脏驱动全航程碳中和
硬核价值

世界首制24kTEU甲醇双燃料绿色巨轮

中国高端船舶从追赶到引领的里程碑

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深海能源领域的“中国里程碑”

N999 Tortue FPSO
中国首艘总包建造的巨型浮式生产装置

年处理天然气可供百万家庭十年

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中国造”绿色能源巨轮

30.9万载重吨LNG双燃料VLCC

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440米深水拖曳池+全球最大安全水池

为LNG船/邮轮提供研发验证

战略价值

近三年支撑50+高技术船型研发

累计降本超20亿元

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jli88 said:

New numbers in:

For Nov (very volatile, so look at YTD numbers)

1. global shipbuilding orders in November reached 5.13 million compensated gross tonnage (CGT), or 152 ships. This represents an increase from the previous month (2.99 million CGT, or 122 ships) but a decrease from the same month last year (5.17 million CGT, or 184 ships).
2. Korean shipbuilders secured orders for 1.97 million CGT (40 vessels), taking a 38% market share.
3. China secured orders for 2.58 million CGT (100 vessels), taking a 50% market share.

For YTD:

1. cumulative global order volume was 44.99 million CGT (1,627 ships), a 37% decrease compared to 71.52 million CGT (2,994 ships) in the same period last year
2. Korea secured orders for 10.03 million CGT (223 vessels), accounting for 22% of the total.
3. China secured 59% with 26.64 million CGT (1,067 vessels)

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Slightly unrelated, but must point out the miracle that is Korea. For a country with only 50 million people, operating at ~4% the size of China, with even lesser resources available, it has become a giant in many field, be it industry, culture, sports, etc. It punches far beyond its weight. If China were to reach per capita performance of Korea, it would already be pre-eminent in the world.

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