Research Report on China Shipbuilding Industry, 2014-2018
- Geography Covered
Shipbuilding industry is developing speedily in China. It has greatly contributed to industries such as water transportation, fishery and marine development since China joined WTO. Status of the industry in Chinese economy keeps rising.
The completion volume of ships in China has been increasing rapidly since the 1990s, making China one of the shipbuilding centers in the world. The number of new ship orders in China amounted to 47.6% of the global new orders in 2013, which was top of the world for 5 consecutive years. Delivery amount of new ships in China ranks the first in the world for 4 consecutive years, accounting for 40.3% of the global.
In 2013, total new orders of ships undertook by shipbuilding enterprises in China amounted to 69.84 million DWT which increased by 242% YOY. Amount of export orders was 64.74 million DWT, up by 333% YOY. By the end of 2013, amount of holding orders in Chinese shipbuilding enterprises was 131 million DWT, up by 22.5% YOY and the holding export orders amounted to 115.41 million DWT, increased by 30.5% YOY. The completion volume of ships in China was 45.34 million DWT in 2013 which decreased by 24.7% YOY, while that of exported ships was 35.73 million DWT which dropped by 27.9% YOY.
The volume of completions, new orders and holding orders in China remained top of the world in 2013, followed by Korea and Japan. However, China's shipbuilding industry is faced with severe problems due to depression in shipping industry in recent years. The problems include global economic recession, tougher competition, overcapacity and accelerated mergers and acquisitions. Low price of orders and increasing cost of labor and raw material also deepen the crisis.
To solve the problems, Chinese government issued several documents to support the transformation and upgrading of shipbuilding industry in the aspect of old ship elimination and investment in the industry. Generally, policies of Chinese government played an important role in transformation and upgrading of the industry, which brings more orders and time for shipping and shipbuilding market to recover.
In 2013, bulk orders in Chinese shipbuilding industry encompasses high-tech ships and special ships such as LNG ships, VLGC ships, super-large container ships, duplex stainless steel chemical vessels, marine law enforcement vessels, public service vessels and ocean fishing vessels. Shipbuilding enterprises received a large amount of bulk orders and operated in sound condition in 2013.
It is difficult to break the monopoly of enterprises from developed countries in the field of advanced equipment design and development in a short term. Status of Korean enterprises in the field of ocean engineering and equipment construction won't be changed while competition in low-end equipment market is intensive between Singapore and Chinese enterprises. Therefore, current problems for Chinese shipbuilding enterprises are the reinforcement of design and development, and the construction capability of high-end equipment.
Shipbuilding industry in China has great potential to develop in the coming years. On the one hand the cost is lower in Chinese shipbuilding industry than that in Japan and Korea. On the other hand increasing domestic demand in shipbuilding industry will attract global investment.
Through this report, the readers can acquire the following information:
-Supply and Demand in China Shipbuilding Industry
-Policy Environment for China Shipbuilding Industry
-Major Shipbuilding Enterprises in China
-Competition Status of Shipbuilding Market in China
-Import and Export of Shipbuilding Industry in China
-Forecast on China Shipbuilding Industry
The following enterprises and people are recommended to purchase this report:
-Enterprises Related to Shipbuilding Industry Chain
-Investors/Research Institutes Concerned About China Shipbuilding Industry
Table of Contents
1 Basic Situation of China Shipbuilding Industry
1.1 Definition and Classification
1.2 Status of Shipbuilding Industry in China Economy
1.2.1 Industry Scale
1.2.2 Labor Productivity
2 Development Environment of China Shipbuilding Industry, 2011-2013
2.1 Economic Environment
2.1.1 Chinese Economy
2.1.2 Global Economy
2.2 Industry Policies
2.2.1 Policies Overview
2.2.2 Policy Trend
3 Operation Status of China Shipbuilding Industry, 2011-2013
3.1 Analysis of Supply
3.1.1 Completion Amount of Ships
3.1.2 Supply Structure
3.2 Analysis of Demand
3.2.1 Total Demand
3.2.2 Demand Structure
3.2.3 Analysis of Price Change
3.4 Analysis of Investment and Financing
3.4.1 Investment in Fixed Assets
3.4.2 Investment Direction in Shipbuilding Industry
3.4.3 Mergers and Acquisitions
4 Competition Status of China Shipbuilding Industry, 2011-2013
4.1 Industry Barriers to Entry and Exit
4.1.1 Barriers to Entry
4.1.2 Barriers to Exit
4.2 Competition Structure of the Industry
4.2.1 Competition among Existing Enterprises
4.2.2 Bargaining Power of Upstream Suppliers
4.2.3 Bargaining Power of Consumers
4.2.4 Threatens to New Entrants
4.3 Features of China Shipbuilding Industry
4.3.1 China’s Shipbuilding Industry Leads the World
4.3.2 World Shipbuilding Center Transfers to China
4.3.3 Transformation to High Technology in Shipbuilding Industry
4.3.4 Industries Related to Shipbuilding
5 Analysis of Shipbuilding Industry Chain in China, 2011-2014
5.1 Brief Introduction of Shipbuilding Industry Chain
5.2 Influence of Upstream Industry
5.2.1 Cost Structure of Shipbuilding
5.2.2 Steel Industry
5.2.3 Marine Equipment
5.3 Influence of Downstream Industry
5.3.1 Analysis of Demand
5.3.2 Freight Transport
5.3.3 Passenger Transport
6 Analysis of Shipbuilding Sub-industries in China, 2011-2013
6.1 Brief Introduction of Sub-industries
6.2 Manufacturing of Metal Ships
6.2.1 Industry Overview
6.2.2 Operation Features
6.2.3 Development Trend
6.3 Marine Equipment
6.4 Ship Repair and Dismantling
6.5 SWOT Analysis of Shipbuilding Sub-industries in China
7 Analysis of Import and Export in China Shipbuilding Industry, 2011-2013
7.1.2 Structure of Import
7.2.2 Structure of Export
8 Analysis of Key Enterprises in China Shipbuilding Industry, 2011-2014
8.1 Shanghai Waigaoqiao Shipbuilding Co., Ltd.
8.1.1 Enterprise Profile
8.1.2 Operation Status
8.2 Dalian Shipbuilding Industry Co., Ltd.
8.3 Jiangsu New Times Shipbuilding Co., Ltd.
8.4 Jiangsu Yangzijiang Shipbuilding Co., Ltd.
8.5 Jiangsu Rongsheng Heavy Industries Co., Ltd.
8.6 Hudong-Zhonghua Shipbuilding (Group) Co., Ltd.
8.7 Zhoushan Jinhaiwan Shipyard Co., Ltd.
8.8 Nantong COSCO KHI Ship Engineering Co., Ltd.
8.9 Bohai Shipbuilding Heavy Industry Co., Ltd.
8.10 Dayang Shipbuilding Co., Ltd.
9 Prospect of China Shipbuilding Industry, 2014-2018
9.1 Factors Influencing the Development of China Shipbuilding Industry
9.1.1 Macro Economy
9.1.2 Industry Policies
9.1.3 Market Demand
9.2 Forecast on Supply and Demand of China Shipbuilding Industry, 2014-2018
9.2.1 Forecast on Production
9.2.2 Forecast on Demand of China Shipbuilding Industry
9.2.3 Forecast on Import and Export of Shipbuilding Industry
9.3 Prospect of Investment in China Shipbuilding Industry, 2014-2018
9.3.1 Investment Opportunities by Industry
9.3.2 Investment Opportunities by Region
9.4 Recommendations for Investment and Development
Chart Classification of China Shipbuilding Industry
Chart Completion Amount of Ships in China, 2007-2013
Chart Sales Revenue of Shipbuilding Industry, 2007-2013
Chart China's GDP, 2009-2013
Chart Key Policies of China Shipbuilding Industry, 2011-2014
Chart Completion Amount of Bulk Carriers in China, 2009-2013
Chart Completion Amount of Container Ships in China, 2009-2013
Chart Production Volume of Civilian Steel Ships in China, 2007-2013
Chart Amount of Holding Orders and New Orders in China Shipbuilding Industry, 2007-2013
Chart Orders of Dry Bulk Carriers in China, 2009-2013
Chart M&A Events in China Shipbuilding Industry, 2011-2014
Chart Constitution of Shipbuilding Industry Chain in China
Chart Sales Revenue of China Shipbuilding Industry, 2009-2013
Chart Three Major Shipbuilding Indices of Main Shipbuilding Countries in the World, 2011-2013
Chart Import Volume and Value of Ships in China, 2009-2013
Chart Main Sources of Ship Imports in China, 2013
Chart Export Volume of Ships in China, 2009-2013
Chart Export Value of Ships in China, 2009-2013
Chart Forecast on Completion Amount of Ships in China, 2014-2018
Chart Forecast on Market Size of China Shipbuilding Industry, 2014-2018
Influenced by the on-going in-depth adjustments of the international ship market, Chinese shipbuilding enterprises were confronted with fierce competition in terms of taking orders.