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Domestic Shipping
China yards bursting with orders for tankers, liners, box ships
Date:2022-08-05 Readers:
CHINA's shipbuilding industry - notably, State Shipbuilding Corporation (CSSC) - is booming with a range of containerships, passenger carriers, aircraft carriers, and LNG tankers being built, according to New York's SupChina.

Output includes world's largest roll-on/roll-off passenger ship, built by a subsidiary, CSSC Offshore & Marine Engineering Company (COMEC) and is currently undergoing sea trials, with delivery scheduled for August.

With 13 decks and 533 guest rooms, this ship is equivalent to a 10-storey hotel with a capacity for 800 cars.

China's first large scale liquefied natural gas (LNG) tankers with membrane tanks and a capacity of 175,000 cubic metres (46.2 million gallons).

China's first 210,000-dwt Newcastle-type intelligent bulk carrier, which will be used to transport iron ore from Australia to China is also under construction.

China's first 24,000-TEUer is also in the works at CSSC yards as new orders mount to 10 million deadweight tons in the first half of the year.

More than 90 per cent of the orders are for mid-to-high-end ship types, and also include new generation (and cleaner) dual fuel (using both LNG and conventional diesel fuel) bulk LNG tankers of 209,000-dwt each.

According to the Ministry of Industry and Information Technology, in the first half of the year, based on the major shipbuilding indicators (completion rate, new orders, and current orders), China accounted for the largest market share in all three categories in terms of tonnage.

In June, total new orders amounted to 4.76 million dwt, an increase of 10.7 per cent month-on-month, and the completed shipbuilding volume was 4.22 million dwt, an increase of 64.2 per cent month to month.

As of the end of June, the Shanghai Shipyard, which this year has a 40 per cent share of the domestic ship design market and a 22 per cent share of the global market, has received more than 100 design orders for various types of ships.
https://www.shippingazette.com/menu.asp?encode=eng
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