JIANGSU ARTSTYLE DECORATION MATERIALS CO..LTD , https://www.artstyledecor.com
The shipbuilding industry continues to be cold and the ship seeks self-salvation
"This year, the shipbuilding industry is not very optimistic. In addition to large shipyards, small and medium-sized shipyards with low technological content are almost impossible to build." Ms. Wu, a shareholder of a shipbuilding company in Xiangshan, Zhejiang, told reporters truthfully. With the end of the third quarter, there is still no sign of “recovery†in the shipbuilding industry that has been in the “cold winter†for nearly a year. On the contrary, “cold winter†may continue. It is understood that since the end of 2011, the international shipbuilding industry has ushered in a "cold winter", and shipbuilding enterprises with sufficient production capacity have a situation of "single" hard to find. According to data released by the British shipping economic research institute Clarkson, in the first half of 2012, Chinese shipyards only received orders for 182 ships, compared with 561 in the same period last year; the peak reached 2,036 in 2007. China Shipbuilding Industry Association recently released an industry report saying that in the first five months of 2012, China's shipbuilding completed 22.53 million deadweight tons, down 10.1% year-on-year; the new ship orders were 9.54 million deadweight tons, down 47.3% year-on-year. In 2012, it is difficult for ship-owners to rely on “eat the oldâ€, and in the face of the industry that has not yet passed, what will the ship industry do next? Excessive capacity shipbuilding orders reduce the current situation facing the shipbuilding industry is not optimistic. Affected by the international financial crisis, the international shipping market continued to slump, and the volume of new ships fell sharply. Especially since this year, the lag effect of the international financial crisis on the shipbuilding industry has become more apparent. “Now, the vast majority of large shipyards are mainly supported by large overseas orders that have been received. However, new orders have been difficult to receive, even if they receive new orders, they are small orders.†Ms. Wu pointed out that it was picked up by shipbuilding companies. In the new orders, there are very few orders for bulk carriers, and it can even be said that there is no. Now, the domestic bulk cargo ship has excess capacity; coupled with the economic downturn, the supply of goods has decreased, making the shipowners' demand for new bulk carriers significantly reduced. According to relevant data, from January to July this year, the national shipbuilding completion volume was 35.49 million DWT, down 7.7% year-on-year; the new ship order volume was 11.64 million DWT, down 50.7% year-on-year; at the end of July, the hand-held ship order volume was 1.2348 billion deadweight tons, down 29.9% year-on-year, down 17.6% from the end of 2011. In addition, according to the statistics of the British Clarkson Company, in the first half of this year, the world's new ship orders volume decreased by 55.6% year-on-year, South Korea decreased by 65.7%, and Japan decreased by 34.4%. In the Zhejiang province where the shipbuilding industry is developed, many shipping companies have also closed down. According to reports, in May this year, Taizhou’s largest export shipping company, Jingang Shipbuilding, filed for bankruptcy; before, Ningbo Blue Sky Shipbuilding Group and Ningbo Hengfu Shipbuilding Co., Ltd. with an annual shipbuilding capacity of about 1 million tons collapsed; September 5, China Wenzhou Shipbuilding Orient Group Co., Ltd., a London-listed company, has issued a notice to seek capital restructuring or asset resale. Banks are only willing to "add icing on the cake" to face the cold winter of the shipbuilding industry. It is reasonable to say that shipbuilding orders should be hot for shipbuilding enterprises. However, Ms. Wu said that now, the shipyards basically do not dare to take orders. “In general, the shipowner will pay the shipyard in proportion to the fixed time or shipbuilding schedule. However, the tightening of the financing makes the shipowner’s financial pressure more and requires the shipyard to fund it during the shipbuilding cycle. And the bank has no longer (willing) to issue mortgage loans to the shipyard, which undoubtedly greatly increased the survival pressure of the shipyard." Ms. Wu told reporters. Among the various variables, the reason is that financing is the biggest difficulty for shipbuilding enterprises. The reporter learned that since shipbuilding is a capital-intensive industry, most ship-owners rely on their own funds and private fund-raising operations. After entering the downturn, people's willingness to invest in the shipbuilding industry has fallen sharply. In order to avoid risks, banks have also tightened the credit ratio to the shipbuilding industry. "Banks have always been a icing on the cake, and they will not give up in the snow." Industry insiders told reporters that banks are now "talking about the ship." Ship companies seek to "live the road" to face the harsh situation, many shipyards began to "salvation" and find a new way out. “Although the days are not good, most shipyards in Xiangshan, Ningbo, Zhejiang are still struggling to 'live'.†Ms. Wu pointed out that this was mainly due to the fact that during the period of “high-tech†in the shipbuilding industry, these shipyards almost all dig Got gold. In addition, many shipyards in Xiangshan are mainly funded by multiple shareholders' own funds, and the pressure on debt is relatively small. Ms. Wu said that in order to survive, many shipyards put down the orders for orders of 10,000-ton ships and began to pick up orders for thousands of tons of ships and even hundreds of tons of small fishing boats. Ms. Wu said that in order to transform and upgrade, some shipyards began to increase scientific and technological innovation, pay attention to the development of new ship types, and improve the “gold content†of shipbuilding. In order to seek a breakthrough, Ningbo Dajiang Shipbuilding Co., Ltd., located in Xiangshan with a total investment of over 100 million yuan, was originally a shipbuilding enterprise specializing in the manufacture of container ships, oil tankers, bulk carriers and various engineering vessels and various fishing vessels. Participation in the ocean has been carried out. According to a shareholder of the company who did not want to be named, the company has four ship platforms, and the monthly rent of each ship is now only 50,000 yuan, compared with 500,000 yuan in the past. The unnamed shareholder also said that in order to achieve a number of "legs" walking, the Xiangshan Shipbuilding Industry was brought into the "Five-ton-class" era of Zhejiang Donghong Shipbuilding Co., Ltd., and also started the shipowner. Operating from your own shipping company. The industry believes that at present, new ship orders are getting less and less, shipbuilding tons are getting smaller and smaller, and profits are becoming less and less. Shipyards should recognize the situation, identify the development direction, and seek transformation and upgrading in the predicament.