China or one-third of ship companies closed down half-zero orders

“By 2020, one-third of Chinese shipbuilding companies will close down, one-third will be successfully transformed, and one-third will emerge from the crisis.” At the press conference of the 17th China International Maritime Exhibition held on December 2nd, Zhang Shengkun, chairman of the Shanghai Society of Naval and Ocean Engineering, said.

The biennial China International Maritime Exhibition will be officially opened in Shanghai on December 3. “Offshore Oil 981” 3000m deepwater semi-submersible drilling platform, 1400 passenger/2000m lane passenger rolling ship, deep sea space station, “Zhenlong” manned submersible, “Deep Sea Continental Shelf 6” deep sea semi-submersible drilling platform, China's “strong products and latest technologies” such as the surface unmanned intelligent platform and coastal oil spill prediction and warning system will be displayed during the exhibition.

More than half of the ship closer to the "zero" order

Zhang Shengkun said yesterday that “the international shipping market has shown a trend of continuous recovery since the beginning of this year.” He quoted the international ship market report issued by the Clarkson Company of the United Kingdom that in the first three quarters of this year, the total number of new ships in the world was 1,307, 3022. The revised gross tonnage was calculated to increase by 62.65% year-on-year (compared with the same period of the previous year). Among them, the number of orders received by Chinese shipbuilding enterprises was 579 ships and 11.68 million tons of revised tons. According to the revised gross tons, it increased by 83.35% year-on-year, accounting for 38.6% of the total global orders, ranking first in the world.

The statistics released by the China Shipbuilding Industry Association recently showed that from January to October, 39 key monitoring shipbuilding companies completed 28.68 million DWT, a year-on-year decrease of 31.7%. The new ship's orders were 43.71 million DWT, a year-on-year increase of 228%. At the end of October, orders for ships were 109.66 million DWT, a year-on-year increase of 5.8%.

However, behind this "world's first", there are more than half of China's shipping companies are close to "zero" orders.

Zhang Shengkun said yesterday that this also means that the 11.68 million revised gross tonnage orders are concentrated in China's 69 shipping companies, and the other 80 companies have not seized, and some are even in a state of suspension, and orders are mainly concentrated in In the hands of large shipping companies, the Chinese boat companies have received very few orders, and there has been a serious polarization.

In this case, some shipping companies have begun to buy a lot of boats.

On November 27, COSCO Shipping Co., Ltd. announced that it will invest in the construction of four 36,000 DWT multi-purpose vessels at Huangpu Shipbuilding Co., Ltd., each with a price of 246.06 million yuan and a total of 984.24 million yuan for four vessels. In May of this year, the company had reached an agreement with Nantong COSCO Kawasaki Ship Engineering Co., Ltd. to build a 36,000 dwt multi-purpose vessel. The price of each vessel was 33.66 million US dollars and 4 vessels totaled 134.64 million US dollars. The total investment of these eight ships exceeded 1.8 billion yuan.

According to a press release issued by the company in July this year, "From 2008 to the present, at the same time as the new shipbuilding, 53 ships with small tonnage, poor habitability and old equipment have been retired, and the average age of the ship has dropped to 12 years. The land optimizes the fleet structure."

However, in Zhang Shengkun's view, the recovery of the shipping market and the increase in orders are not entirely good things. There are negative effects. "At present, the ship price is at a low point. Some shipbuilding companies are in a state of low profit or loss. It is not excluded that some people will gamble at the bottom. However, if the shipping industry does not pick up, it will accelerate the difficulties of the shipbuilding industry."

There is no consensus on how to transform shipbuilding enterprises

Zhang Shengkun also said yesterday that from the perspective of order structure, Korean shipbuilding companies are significantly stronger than Chinese and Japanese companies in the handling of super-large container ships, liquefied natural gas (LNG) ships and product oil tankers, and the structural adjustment, transformation and upgrading of Chinese shipbuilding enterprises Still very serious.

In an interview with the Morning Post reporter, Zhang Shengkun also said that there is no consensus on how Chinese shipbuilding enterprises can transform and develop.

"But some large shipyards already have some deep considerations, such as the development of new energy ships, in line with future trends. The future competition is definitely green competition, high-tech competition. As far as I know, Waigaoqiao Shipbuilding Although the bulk carrier produced by the factory is very popular, it is also improving its environmental protection and energy conservation." Zhang Shengkun said.

For some ship companies turning to ocean engineering, Zhang Shengkun believes that turning to ocean engineering is not a matter of turning around. This is a high demand for technology, capital and industrial chain. "I don't know the depth, don't go into the water."

Not only these problems, shipping expert Wu Minghua said yesterday, “In 2011, some shipbuilding companies took the “zero down payment” method in order to desperately pull orders. This approach is very risky.”

Wu Minghua also said that some shipbuilding companies and shipping companies are trying to find funds this year. Some fund companies have seen the possibility of market recovery and joined the ranks of shipbuilding. "Most of the orders still stick to the bottom line of 10%, but some shipbuilding companies only The first payment is required to be 2%. The 2% down payment is not enough for shipbuilding companies to buy raw materials, and the risk is equally large."

According to the statistics released by China Shipbuilding Industry Association, from January to October, 80 key monitoring enterprises in the shipbuilding industry achieved a revenue of RMB 20 billion from the main business, down 13.9% year-on-year; total profit was 5.23 billion yuan, down 49.8% year-on-year.

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