Global Shipbuilding Industry After Two Years Out Of The Current Wave
Recently, Japan and the U.S. and other countries have announced large-scale shipyard shipbuilding business to reduce or quit. However, in the eyes of industry experts, at present this phenomenon is only the beginning of a signal, since 2012, there will be a large-scale enterprises quit or cut abandoned ship shipbuilding business situation.
July 26th is said that Japan's Mitsubishi Heavy Industries, the second largest shipbuilding company, for fear that without sustainable access to new ship orders, and endure to the shipbuilding capacity from China and South Korea's pressure, ready to stop its construction of the Kobe shipyard of merchant business, will center focused on the construction of the submarine.
Before that, the U.S. Navy's largest shipbuilding company Northrop Grumman, also has confirmed that New Orleans will close at the shipyard near the Dell, Fung, the merger of its Ingalls shipyard in Mississippi's shipbuilding business, while also announced a new strategic areas will look to replace the shipbuilding business. In addition, Vietnam's largest state-owned enterprises because of shipping 4.2 billion debt, the brink of bankruptcy, the government is restructuring the business.
It is noteworthy that, in the foreign shipping enterprises have quit shipbuilding business, the Chinese shipping enterprises have news of success, new ship orders on the rise. The two most representative state-owned China Shipbuilding Enterprises of China Shipbuilding and Heavy Industry in China in the first quarter 2010 net profit was 693 million yuan and 3.16 billion yuan, respectively, than the same period in 2009, achieved 11.25% and 7.34% growth. Research has also reported receiving orders and carrying amount of the orders on behalf of shipbuilding and the construction of the three indicators of competitiveness, China overtook South Korea and Japan, the world's shipbuilding industry sit first chair.
Industry experts said the Chinese vessel shipping enterprises than foreign enterprises has a cost advantage. Many Japanese owners will order new ships in China and South Korea submitted to the hands of shipping enterprises, mainly because of price than their domestic shipbuilding and low cost. Most of the Japanese ship experienced corporate profits shipbuilding era, would rather give up this part of the business, but also unwilling to accept the profits have been squeezed.
However, China's shipbuilding industry has hidden behind the surface beauty crisis. Experts believe that, although China still has not announced its withdrawal from shipping enterprises, but this is sooner or later. Package Zhang Jing, said: "Foreign enterprises are mostly large vessels diversified development, shipbuilding business downturn can be passed on to other business above. Most of the Chinese ship is pure shipbuilding enterprises, there is no alternative other business, when you quit cause huge losses. The Chinese ship most financial institutions to support enterprises, and not the last moment, the driving force behind the development will continue to secure business. "
But he said not without worries: "It is only a few enterprises out of a signal, 2012, 2013, after the existing order in the shipping enterprises exhausted, new orders follow-up inadequate, Shipbuilding very ushered in a large-scale enterprises may ship out of the situation. "By then, the business exit, restructuring, sale, merger situation will frequently staged.
Previously, the economic center of China's shipbuilding industry analyst Liang Zhiyong told when I visited also said that China's shipbuilding industry won the world title made only at the scale of the first, but in technological innovation and so far as Japan and South Korea, which can only say that China has become the largest ship, but the power from the ship are a long way to go.
by: Frbiz
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