SIMIC

Katherine Si | Jul 04, 2022

Newly-received shipbuilding orders were 17.69m dwt, declining 46% year-on-year. Orders on hand were 102.2m dwt, an increase of 20.2% year-on-year.

Shipbuilding export volume was 12.32m dwt, dropping 23.2%; newly-received export shipbuilding orders were 15.83m dwt, declining 46%; export orders on hand were 90.34m dwt, growing 19.2%, accounting for 86.3%, 89.5% and 88.4% of national volume respectively. 

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The total shipbuilding export value was $7.33bn, dropping 12.7%. Bulk carriers, tankers and containerships were the major export ship types. 

During Jan-May, China’s shipbuilding output, newly received orders and orders on hand accounted for 44%, 52.5% and 48.2% respectively in global shipbuilding market. 

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The top five Chinese provinces and cities for shipbuilding output in the first five months were Jiangsu, Shanghai, Liaoning, Shandong and Zhejiang, which had delivered 93.5% of China’s total shipbuilding volume.