Shipbuilding Industry 2020 Forecasts for Global and Chinese Market in New Research Reports

Mar 04, 2016, 03:00 ET from ReportsnReports

PUNE, India, March 4, 2016 /PRNewswire/ --

Market Research Report on China Shipbuilding Industry, 2011-2020 and 2015 Shipbuilding Industry Report - Global and Chinese Market are new Chinese and Global studies now available in the automotive intelligence collection of ReportsnReports.com.

Complete report on cold chain logistics market spread across 70 pages, covering information on 10 companies and supported with 20 charts is now available at  http://www.reportsnreports.com/reports/500801-research-report-on-china-shipbuilding-industry-2011-2020.html   

Ever since China's entry into the WTO, shipbuilding industry has kept growing. And its direct contribution to many industries like water transport, fishing and ocean development has raised its status in national economy.

Since the 1990s, the number of finished ship has kept increasing, making China one of the shipbuilding centers in the world. In 2015, 39.05 million dwt of ships were built, increasing 8.07% year on year. And 31.26 dwt of new vessels was ordered, decreasing 47.86% year on year. By the end of 2015, 127.37 million dwt of ships were being handled by Chinese shipbuilding enterprises, decreasing 14.93%. In 2015, China's ship export totaled USD 28.02 billion, increasing 11.2% year on year while its ship import totaled USD 10.04 billion, decreasing 23.7% year on year.

Key Enterprises in Shipbuilding Industry in China are Shanghai Waigaoqiao Shipbuilding Co., Ltd, Dalian Shipbuilding Industry Co., Ltd, New Times Shipbuilding Co., Ltd, Yangzijiang Shipbuilding Co., Ltd., China Rongsheng Heavy Industries, Hudong-Zhonghua Shipbuilding (Group) Co., Ltd, Zhoushan Jinhaiwan Shipyard Co.,Ltd., Nantong COSCO KHI Ship Engineering Co.,Ltd. (NACKS), Bohai Shipbuilding Heavy Industry Co., Ltd. and Dayang Shipbuilding Co., Ltd. Order a copy of Research Report on China Cold Chain Logistics Industry, 2016-2020 at http://www.reportsnreports.com/Purchase.aspx?name=500801  

Since the beginning of 2014, the Chinese government has issued a minor stimulus package which has loosened the tight supply of money. The fast decrease of short-term interest rate, in particular, has created good financing opportunities for shipping industry. China State Shipbuilding Corporation has successfully issued CNY 5 billion SCP with an annual rate of 4.65%, which has reduced financing cost. The Export-Import Bank of China also provided China Shipbuilding Industry Corporation with CNY 9 billion working capital loan at a favorable rate, which has relieved its financing pressure and boosted its development. Meanwhile, ship financial leasing has undergone rapid development and become a major financing channel only second to bank loan.

In the short term, the monopoly of companies in developed countries on high-end equipment and design is difficult to break while Korean enterprises' status in ocean engineering equipment manufacturing is ingrained. Therefore, the struggle for low-end equipment manufacturing market between China and Singapore will continue. Hence the pressing problem of improving R&D and the capability of building high-end equipment for Chinese ship manufacturers.

There is still huge space for shipbuilding industry to grow in the next few years due to cost advantage compared with such countries as Japan and Korea and increasing domestic demand which attracts global capital.

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On Simiar lines another research titled 2015 Shipbuilding Industry Report - Global and Chinese Market is a professional and in-depth market survey on Global and Chinese Shipbuilding industry. The report analyzes quantitatively 2010-2015 global and China's total market of Shipbuilding by calculation of main economic parameters of each company. The breakdown data of Shipbuilding market are presented by company, by country, and by application. The report also estimates 2015-2020 market development of Shipbuilding Industry. The report then analyzes the upstream raw materials, downstream clients, and current market dynamics of Shipbuilding Industry. In the end, the report makes some proposals for a new project of Shipbuilding Industry and a new project of Shipbuilding Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2010-2015 global and China Shipbuilding industry covering all important parameters.  Browse complete report at http://www.reportsnreports.com/reports/417289-2015-shipbuilding-industry-report-global-and-chinese-market.html

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