China's shipbuilding capacity is reaching a new height as the industry witnesses a surge in export orders, particularly for high-tech and high-value ships.
In the bustling shipyards of Shanghai Hudong-Zhonghua Shipbuilding Co., Ltd., a large shipbuilding enterprise under China State Shipbuilding Corporation (CSSC), a remarkable scene unfolds as vessels are swiftly constructed one after another. The orders are all for high value-added vessels, with a record 20 more under construction at the same time this year.
"Our current civilian ship orders are quite substantial, totaling 57 LNG carriers and 31 large container ships. The customers placing these orders are scattered around the world, including Canada in the Americas, France and Germany in Europe, Qatar in the Middle East, and Singapore in the Asia-Pacific region," said Wang Jiaying, marketing director of the shipyard.
China's shipbuilding industry boasts a comprehensive industrial chain and is empowered by constatntly updated technologies, which consistently attracts global clients to place orders.
"We are able to apply the most cutting-edge and up-to-date construction technology to the construction of our products. Our shipbuilding management capabilities have also significantly improved, ensuring that we can fulfill the contract as planned for the shipowners, or even deliver the ship ahead of schedule, helping the shipowners to expand their shipping routes effectively. That's why more and more major shipowners are willing to sign contracts with Chinese shipbuilding companies," said Liu Xuedong, deputy general manager of Changxing Shipbuilding under Shanghai Hudong-Zhonghua Shipbuilding.
The order schedule at Shanghai Hudong-Zhonghua Shipbuilding is booked until 2029, with an order value close to 140 billion yuan (about 19.15 billion U.S. dollars).
China's shipbuilding sector sets sail with growing orders for high-tech vessels
