In the January-February period this year, the aggregate shipbuilding output in China amounted to 4.23 million dead weight tons (dwt), down 35.3 percent year on year, as announced by the China Association of the National Shipbuilding Industry (CANSI).In the given period, China’s new ship orders amounted to 9.25 million dwt, rising by 63.6 percent year on year. As of the end of February this year, ship orders on the books of Chinese shipbuilding enterprises totaled 113.64 million dwt, up 16.1 percent year on year. In the given period, the shipbuilding output, the new shipbuilding order volume and ship orders on the books of shipbuilding enterprises in China accounted for 33.3 percent, 62.8 percent and 50.7 percent of the respective global figures.
