2016中国修船行业概览

来源:http://www.shcri.com/transport/33321-china-ship-repair-industry-overview-2016-2020.html

The development of the ship repair industry is closely related to the reserve of ships. According to statistics from National Maritime Affairs Bureau of China, the total number of registered operating ships was 230,883 with a capacity of 177.7 million DWT, of which international navigation ones was 1,283 with a capacity of 27.7 million DWT by the end of 2014. A large number of foreign ships are repaired and modified for low prices in China every year.

After years’ development, ship repair enterprises expand in areas such as Liaoning, Tianjin, Shandong, Jiangsu, Zhejiang, Fujian and Guangdong. The ship repair industry forms a competition pattern of three clusters including Bohai Bay Economic Rim centered with Dalian, Yangtze River Delta centered with Zhoushan and Pearl River Delta centered with Guangzhou.

According to CRI, the number of ship repair enterprises was over 100 in 2015. The aggregate market share of top 5 enterprises was only about 14% including Shanghai Huarun Dadong Dockyard Co., Ltd., China Shipping Industry Co., Ltd. and CSSC Chengxi Shipyard (Guangzhou) Co., Ltd. with a low concentration rate. Years’ intense competition exerts adverse effects on the long-term development of the ship repair industry, leading to low price orders as major means of certain enterprises to occupy market shares.

The main business revenue of ship repair enterprises increased from CNY 15.13 billion in 2011 to CNY 25.57 billion in 2013 while that declined from 2014 to 2015.

The demand for global large-scale ocean engineering equipment, special vessel repair and modification was slump from early 2015 so certain ship repair capacity transferred to conventional market. Meanwhile, the demand of major crude oil import increased with low oil prices, which led to a surging market of crude oil transportation. Repair business of oil tankers became a major growth point in the industry for the pull of the demand side in 2015. Another market opportunity of the ship repair industry refers to the repair business of cruises with the support of Chinese government.