xuxu1457
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China Business News: China sees growth in shipbuilding industryOk so you are using foreign tankers to transport 80+ percent of oil to you, how much the figure will change by this tanker (one tanker) or by few of them?
China sees growth in shipbuilding industry
Jan. 27, 2010 (China Knowledge) - Despite the world economic crisis, Chinas shipbuilding industry grew rapidly last year, as reflected in all the relevant statistics for 2009.
The gross output value of shipbuilders above the designated size was RMB 548.4 billion, up 28.7% year on year. The export value of ships and related products was US$28.36 billion, up 44.9%, and import value rose 92.5% to US$ 2.48 billion.
Reportedly, China saw ship completions increase 47% to 42.43 million dead weight tons last year. Sea ships accounted for 40.02 million DWT. New ship orders were 26 million DWT, down 55% year on year. Booked orders were 188.17 million DWT, down 8%. China's ship completions, new ship orders and booked orders accounted for 34.8%, 61.6% and 38.5% of the world's totals, respectively.
China has supplanted South Korea as the biggest ship producer in the world.