I read the latest oppenheimer report on Chinese shipbuilding industry. It looks like it's going to be safe for the near future. And the delays and backlog problems are no where near as pronounced as some people are saying.
Chinese shipbuilding industry
- Thread starter tphuang
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It's Full Steam ahead for Shanghai's Shipbuilding
June 7 2008 at 9:00 AM
A group of retired workers looks at a model of the old Jiangnan Shipyard at a ceremony marking the shipbuilder's 143rd anniversary and the completion of its relocation to Changxing Island in Shanghai on Tuesday. Jiangnan Shipyard is China's oldest shipbuilder. [Photo: Shanghai Daily]
In 2007, China overtook Japan as the world's second-biggest shipbuilder. The next target is to eclipse South Korea and be No. 1.
This lofty but highly achievable aim was boosted on Tuesday as Shanghai's Jiangnan Shipyard, fittingly celebrating its 143rd anniversary as the country oldest shipbuilder, completed its relocation to make way for World Expo 2010.
The first phase of building at the new yard on Changxing Island at the mouth of the Yangtze River has been finished. It is China's largest and most advanced shipyard and set to become the world's most productive single facility.
The first-phase project, which cost about 16 billion yuan (US$2.31 billion) and stretches 3.8 kilometers along the coastline, is composed of seven large cranes, three ship-building lines and four docks with annual ship-building capacity of 4.5 million deadweight tons.
Completion of phase one was six months ahead of schedule.
Chen Xiaojin, president of China State Shipbuilding Corp, said the second phase is expected to start next year and output should begin in 2012. Jiangnan Shipyard is a subsidiary of CSSC.
"No matter what the capital expenditure, equipment or technological know-how, phase two will be even better than phase one," Chen said.
The construction of phase two will create ship-building capacity for another 3.5 million DWT, bringing the total to 8 million DWT.
The Changxing base is expected to have an annual capacity of 12 million DWT by 2015 and become the world's biggest.
To date, the Changxing base has won orders to build more than 100 ships with combined capacity of more than 14 million DWT, to be delivered by 2011.
The Shanghai government aims to boost the city's development in shipbuilding and other related sectors.
June 7 2008 at 9:00 AM
A group of retired workers looks at a model of the old Jiangnan Shipyard at a ceremony marking the shipbuilder's 143rd anniversary and the completion of its relocation to Changxing Island in Shanghai on Tuesday. Jiangnan Shipyard is China's oldest shipbuilder. [Photo: Shanghai Daily]
In 2007, China overtook Japan as the world's second-biggest shipbuilder. The next target is to eclipse South Korea and be No. 1.
This lofty but highly achievable aim was boosted on Tuesday as Shanghai's Jiangnan Shipyard, fittingly celebrating its 143rd anniversary as the country oldest shipbuilder, completed its relocation to make way for World Expo 2010.
The first phase of building at the new yard on Changxing Island at the mouth of the Yangtze River has been finished. It is China's largest and most advanced shipyard and set to become the world's most productive single facility.
The first-phase project, which cost about 16 billion yuan (US$2.31 billion) and stretches 3.8 kilometers along the coastline, is composed of seven large cranes, three ship-building lines and four docks with annual ship-building capacity of 4.5 million deadweight tons.
Completion of phase one was six months ahead of schedule.
Chen Xiaojin, president of China State Shipbuilding Corp, said the second phase is expected to start next year and output should begin in 2012. Jiangnan Shipyard is a subsidiary of CSSC.
"No matter what the capital expenditure, equipment or technological know-how, phase two will be even better than phase one," Chen said.
The construction of phase two will create ship-building capacity for another 3.5 million DWT, bringing the total to 8 million DWT.
The Changxing base is expected to have an annual capacity of 12 million DWT by 2015 and become the world's biggest.
To date, the Changxing base has won orders to build more than 100 ships with combined capacity of more than 14 million DWT, to be delivered by 2011.
The Shanghai government aims to boost the city's development in shipbuilding and other related sectors.
evereachyu
Banned Idiot
The place is going to be the site of 2010 Shanghai Expo.
Yeah, and that's why I'm objecting to it, not because of anything against the Expo, but because it means the entire Jiangnan Shipyard site has to be levelled. Wiping out history.
Autumn Child
Junior Member
I lived nearby the expo site and most people here hardly know about jiangnan, especially the significant role it plays in the chinese industry development.
Autumn Child
Junior Member
What is the total production capacity of the entire chinese shipbuilding industry by 2010? Will it be the largest by then? Any statistic comparing it to other countries by that time?
Autumn Child wrote:
Wow, that's kind of sad. I guess I can kind of understand it though, since with so much industrialization so fast, one little old shipyard is hardly going to be noticed. Still, decades from now it would be nice to have a preserved spot where people from all over China (as well as tourists) can come to this one spot to see for themselves where modern China really began, and to touch it for themselves. Also take a look at from Dalian News.
According to Clarkson Research Studies' , China is planning to become No. 1 by (note: this article posted back in 2006). This provides a comparison of different countries by total shipbuilding orders and by types of shipbuilding orders for last year. Also take a look at from Dalian News.
Wow, that's kind of sad. I guess I can kind of understand it though, since with so much industrialization so fast, one little old shipyard is hardly going to be noticed. Still, decades from now it would be nice to have a preserved spot where people from all over China (as well as tourists) can come to this one spot to see for themselves where modern China really began, and to touch it for themselves. Also take a look at from Dalian News.
According to Clarkson Research Studies' , China is planning to become No. 1 by (note: this article posted back in 2006). This provides a comparison of different countries by total shipbuilding orders and by types of shipbuilding orders for last year. Also take a look at from Dalian News.
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Autumn Child
Junior Member
Thanks for the info. I have been keeping watch of how china is improving its complex machinery manufacturing and technology advancement.
I actually kind of wish that there will be a memorial statues or a museum dedicating to this special era of industrial development and shiping industry of China. Shanghai needs all the history it can salvage or get to make it more interesting and meaningful.