The number of new orders received accounts for more than half of the world's total, becoming the industry "leader"——
Why does Chinese shipbuilding do this?
Our reporter Kong Dechen
The three major shipbuilding indicators have achieved overall growth, and their market share has maintained a global lead. Six companies have entered the world's top 10 shipbuilding completions, new orders and hand-held orders. Full prosperity.
The shipbuilding industry has a high degree of internationalization, a long industrial chain, intensive technology and a wide range of radiation. It is one of the first major equipment industries in China to enter the market of developed countries.
What are the factors for China's shipbuilding industry to achieve such good results in 2021?
Can the boom continue in 2022?
Multi-ship delivery to achieve "good start"
——In 2021, the three major shipbuilding indicators will achieve comprehensive growth, and China will continue to "sit firmly" as the world's largest shipbuilding power
"Sign a new order in the new year, and the business undertaking in 2022 will usher in a 'good start'!" The relevant person in charge of DSIC, a subsidiary of China Shipbuilding Corporation, told reporters that DSIC signed a construction contract for 6 dual-fuel 16,000TEU container ships with a well-known European shipowner before the Spring Festival. Signed a construction contract for four 37,000-ton Great Lakes bulk carriers with Polish shipowner PZM, and signed two new shipbuilding orders in one fell swoop.
"In 2021, in the face of the complicated international situation, especially the severe impact of the new crown pneumonia epidemic, DSIC will coordinate epidemic prevention and control, scientific research and production, seize market opportunities, expand marketing methods, and establish cloud negotiation, cloud signing, cloud delivery, etc. The production and operation work has shown a good trend of blooming at multiple points and going hand in hand." said Yang Zhizhong, Secretary of the Party Committee and Chairman of DSIC.
Looking back on 2021, the development of China's shipbuilding industry can be described as prosperous——
The three major shipbuilding indicators achieved overall growth and maintained a global leading market share.
According to data released by the China Shipbuilding Industry Association, in 2021, shipbuilding nationwide will complete 39.7 million deadweight tons, a year-on-year increase of 3.0%; new ship orders will be 67.07 million deadweight tons, a year-on-year increase of 131.8%; at the end of December, hand-held ship orders were 95.84 million deadweight tons , a year-on-year increase of 34.8%.
Shipbuilding completions, new orders, and orders in hand accounted for 47.2%, 53.8%, and 47.6% of the world's total in terms of deadweight tons, up 4.1, 5.0, and 2.9 percentage points from 2020, respectively.
The income and profits of enterprises have increased simultaneously, and the international competitiveness of key enterprises has been enhanced.
From January to November 2021, there will be 1,093 shipbuilding enterprises above designated size in the country, with main business income of 425.22 billion yuan, a year-on-year increase of 9.6%; total profit of 7.35 billion yuan, a year-on-year increase of 56.4%.
For the first time, the three major shipbuilding indicators of China State Shipbuilding Corporation ranked first among all shipbuilding enterprise groups in the world.
"In 2021, in the face of complex and severe situations such as the continuous evolution of the global epidemic and the sharp rise in raw material prices, China's shipbuilding industry will unite and forge ahead to jointly promote China's shipbuilding industry to achieve rapid growth in the first year of the '14th Five-Year Plan' and become the world's largest shipbuilding industry. The status of a major country has been further consolidated, which has injected a strong impetus into the new era and accelerated the construction of a strong shipbuilding country." said Li Yanqing, secretary-general of the China Shipbuilding Industry Association.
At the beginning of the new year, many shipping companies have signed contracts or delivered new ships, continuing the boom in 2021. On January 25, Zhoushan COSCO Shipping Heavy Industry received orders for two 63,600-ton bulk carriers; on January 20, Yangzhou COSCO Shipping The second 210,000-dwt bulk carrier "Shandong Endeavour" built by Heavy Industry for ICBC Leasing and Shandong Shipping was delivered; recently, the Y-Type semi-submersible yacht built by CIMC Raffles for the Netherlands Sitford Shipping Company The delivery of the carrier "Yacht Servant"... "In 2022, my country's shipbuilding industry will continue to maintain a growth trend." Li Yanqing is optimistic about the shipbuilding market this year.
Why become the industry "leader"?
——The overall prosperity of the global shipbuilding market and the obvious effect of structural adjustment have driven the rapid development of China's shipbuilding industry
At present, China's shipbuilding industry has developed to be able to design and build all kinds of modern ships that meet the specifications of any classification society in the world, meet international general technical standards and safety requirements, and are suitable for any navigation area in the world.
From a former industry "follower" to a stable "leader", why has China's shipbuilding industry achieved such good results?
Looking at the background of the global market - in the past year, the tight global shipping capacity has pushed up shipping prices, and high demand and high shipping rates have prompted shipowners to increase orders for new ships.
Li Yanqing analyzed that under the normalization of the epidemic, the world economy is gradually picking up, which has promoted the "explosive" growth of the global shipping market, involving most of the main transport ship types such as containers, bulk cargo, and natural gas, effectively supporting the recovery of the new shipbuilding market.
"In addition, the price of newbuildings and the proportion of orders in hand in the fleet when 2020 and 2021 meet are at historically low levels, creating favorable conditions for shipowners to place orders and shipyards to receive orders. Both shipowners and shipyards are more interested in the transaction. Positive attitude." Li Yanqing said.
Looking at environmental changes - Li Yanqing introduced that the International Maritime Organization's active efforts to promote ship energy efficiency and shipping carbon reduction, the implementation date of the third phase of the EEDI amendment to ship types including container ships, gas carriers, and general cargo ships will be advanced from 2025 By 2022, measures such as the CII indicator of fleet carbon intensity and ship carbon emission rating have also become the promoters of good market expectations.
Look at the domestic shipbuilding industry itself - active structural adjustment and transformation has become a strong driving force for Chinese ships to "go global".
In 2021, Chinese shipbuilding companies will continue to maintain the leading position in the dominant ship types. The bulk carriers and container ships undertaken throughout the year account for 76.4% and 60.9% of the total global new ship orders respectively; continue to adhere to the high-end ship type segmented ship market Make efforts to undertake orders for chemical tankers, car carriers, offshore auxiliary ships and multi-purpose ships, each accounting for more than 50% of the global total in terms of deadweight tonnage. Among the 18 major ship types in the world, China has 10 types. The number of new orders received ranks first in the world.
In addition, Chinese shipbuilding companies have launched a variety of green ship types that meet the international environmental protection requirements in the new stage, conforming to the global trend of green and low-carbon transformation.
Li Yanqing introduced that in 2021, the 23,000TEU dual-fuel container ship, the 5,000-cubic-meter dual-fuel full-pressure LPG carrier, and the inland liquefied natural gas (LNG)-powered bulk carrier will be successfully delivered to the shipowner; the 210,000-ton LNG-powered bulk carrier, 7,000 vehicles Orders such as dual-fuel vehicle carriers and methanol-powered dual-fuel MR tankers are accepted in batches, and green-powered ships account for about 24.4% of China's new ship orders in terms of deadweight ton... "In the past year, my country has made remarkable achievements in green and low-carbon innovation. Achievements." Li Yanqing said that from the marine main engine to the LNG fuel storage tank, from the low temperature maintenance system to the structure design of the whole ship, and the promotion of large-scale dual-fuel powered ships, Chinese shipbuilding companies have quickly caught up with the forefront of international shipping needs, effectively responding to IMO and the global maritime industry concerns about carbon emissions.
Maintain steady growth with confidence
——Ensuring delivery, efficiency and safety will be the key tasks of the industry in 2022
Will the boom in the ship market continue in 2022?
Can China's shipbuilding industry maintain a good momentum of development?
"This year, there is no suspense about the stable development of Chinese shipyards. In general, we have good expectations for maintaining stable growth." Li Yanqing analyzed that from a macro perspective, Chinese shipyards still maintain a balanced development trend.
The traditional three mainstream ship types and the rapidly developing gas ships, passenger ships (ro-ro passenger ships, cruise ships), car carriers, special engineering ships and other orders have been fully received in China's large and medium-sized shipyards, and ship companies in related countries have fully received orders. In comparison, there is no obvious weakness at this point.
"From a microscopic point of view, Chinese shipbuilding companies have made good progress in production management and operation organization in recent years, greatly improving construction efficiency and quality, and objectively adding points to their competitiveness."
"The factor that really boosts Chinese shipyards' 'all the way to grow flowers' lies in China's active and effective domestic response and strong control of the industrial supply chain since the outbreak of the epidemic." Li Yanqing said, "In 2022, the recovery of the supply chain will still be will continue, and every 'blowout' of demand in the ship market makes the investment of shipowners with an urgent and short-term return trend. In this market environment, seeking safe investment and fast delivery is the first choice for shipowners. It became one of the best choices.”
The booming shipbuilding market last year was exciting, but the industry still faces challenges such as high raw material prices and limited profitability.
In this regard, Guo Dacheng, president of the China Shipbuilding Association, suggested that on the one hand, shipping enterprises should make full use of financial tools such as futures to avoid risks or reduce the impact of risks, and on the other hand, they should strengthen cooperation with raw material suppliers.
Recently, China State Shipbuilding Corporation has signed a strategic cooperation agreement with Ansteel Group to strengthen cooperation in building a high-quality and efficient supply chain system, research and development and application of new materials and new products, and promote the deep integration and development of shipbuilding enterprises and raw material enterprises to achieve mutual benefit and win-win results.
The China Shipbuilding Industry Association suggested that ensuring delivery, efficiency and safety should be the current focus of work.
In 2021, with the substantial increase in orders for new ships, the production tasks of enterprises are full, and the production guarantee coefficient of Chinese shipbuilding enterprises (the number of orders in hand/the average of the completion volume in the past three years) is about 2.55 years, and 2022-2023 will be centralized delivery. peak years.
Shipping companies should strictly implement the normalized prevention and control measures for the epidemic, and make purchase plans for steel and supporting products as soon as possible to avoid delays in raw materials and equipment that affect the delivery of ships.
With the introduction and implementation of the "14th Five-Year Plan" outline and the relevant special plans of relevant state departments and local governments, the development direction and focus of the ship and marine engineering equipment industry have been further clarified.
Li Yanqing said that the industry association will strengthen the research and judgment on the trend of market demand, pay close attention to the development of upstream and downstream industries such as trade, shipping, and steel, and increase efforts to study the impact of exchange rates, interest rates, taxes and fees on the shipping industry, and provide enterprises with production, operation, and industry. healthy development and policy decision-making.
"Competent final assembly shipbuilding enterprises and final assembly supporting enterprises must have the courage and responsibility to become the 'chain leader' of the modern industrial chain, focus on final assembly construction, promote resource aggregation, cultivate several industrial clusters, and form several industrial chains." Guo Dacheng said, The integration and strengthening of the industrial chain cannot be achieved overnight. It requires the perseverance of "dropping water through stone" to become a real shipbuilding power.