- WIN The First World War at Sea in Photographs - ONLY IN NOVEMBER'S PRINT EDITION...
- NOVEMBER ISSUE - THE DESPARATE VOYAGE, RMS ATHENIC, UNMANNED SHIPS AND MUCH MORE!...
- SEA BREEZES DECEMBER ISSUE - ON SALE 19 NOVEMBER 2014. DON'T MISS IT!...
- SEA BREEZES BRANDED CLOTHING - *** SALE 50% OFF ***...
- BOOK OF THE MONTH “Operation Pedestal” - SEE SHOP FOR DETAILS...
China’s government plans a massive consolidation of shipyards so that the 10 largest players control 70% of the nation’s shipbuilding, Lloyd’s List has reported.
Coming during a general downturn in Chinese shipbuilding, the news may signal that the government is ready at last to push ahead with consolidation. New orders at China’s 2,000 shipyards fell by 29m dwt, or 43% in the first nine months of 2011, compared with the same period in 2010.
China has expanded its shipyards as part of a state-mandated policy to become the world’s largest shipbuilding nation. In 2010 it overtook South Korea, but has fallen back into second position this year. Orders have fallen for dry bulk ships and tankers, while South Korea has benefited from new orders for liquefied natural gas carriers and ultra-large boxships, dominating the market for these more sophisticated vessels.
China has already consolidated its mining and steel industries. If shipbuilding follows suit, the most likely survivors will be the larger state-owned yards such as CSSC and China Shipbuilding Industry Corp. Together, the two yards generate about 30% of the nation’s total orderbook.
More on this and other news in Sea Breezes Magazine - February 2012 Issue
Click on the links below to subscribe
| || |
|< Prev||Next >|
MYSTERY SHIP COMPETITION
Sea Breezes has teamed up with Amberley Publishing to offer the chance of winning a set of The First World War at Sea in Photographs books
Only in Sea Breezes November Issue
- Perth Harbour Put Up For Sale
- New Family of Bi-Fuel Engines
- Naval Update
- Alaska Marine Highway System
- Flying Focus Calendar 2015
- Illusion I Makes World Premiere at Monaco Yacht Show
- Unmanned Ships Sailing the Oceans Within 20 Years
- Work Set to Start on Nicaragua Grand Canal
- Carnival Legend Kicks Off Australian Cruise Season