Most shipyards or no ships in China will continue to decline in China's three major shipbuilding indicators next year.

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Abstract Affected by the downturn in the shipping market, China's three major shipbuilding indicators continued to decline, and the shipbuilding industry was in a crisis of survival. According to data from China Shipbuilding Industry Association, in the first 11 months of this year, the national shipbuilding completion was 31.83 million DWT, down 12.1% year-on-year;
Affected by the downturn in the shipping market, China's three major shipbuilding indicators continue to decline, and the shipbuilding industry is in a crisis of survival. According to data from the China Shipbuilding Industry Association, in the first 11 months of this year, the national shipbuilding completion was 31.83 million DWT, down 12.1% year-on-year; the new ship orders were 19.4 million DWT, down 14% year-on-year; at the end of November, the hand-held ship orders were 103.01 million DWT. , a year-on-year decrease of 20.4%, down 16.3% from the end of 2015. Most shipyards will face a situation of no shipbuilding next year.
According to the Economic Information Daily on December 21st, the CSIC Heavy Industry Economic Research Center statistical analysis, in the first half of 2016, China, South Korea and Singapore ship companies received orders of 320 million US dollars, 220 million US dollars and 140 million US dollars, respectively. Reduced by 83%, 67% and 75%. According to the latest data from the Japan Ship Exporters Association (JSEA), the number of orders received by Japanese shipping companies in the first 11 months of this year was only 3,231,249 gross tons, a significant drop of 83.8% compared with the same period of last year, and the reduction in the global financial crisis compared with the same period in 2009. 40%.
The offshore equipment operation market is also not optimistic. According to a report released by Clarkson recently, the orders for offshore vessels have dropped by 96% this year and will continue to maintain a low level in the next two years.

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