Order "blowout" shipping enterprises do not make money?

Intermittent current shipbuilding orders "blowout", who mistakenly believe that the owner let the market began to "buy the dips into the market", the market recovery is just around the corner. Yesterday, being held in the largest maritime event this year - the 11th Dalian International Maritime Exhibition, president of the China Shipbuilding Industry Association Guo Dacheng given a set of data, in the first half of this year, China's shipbuilding industry received new ship orders 40.8 million deadweight tons, an increase of 78.2%; the end of June, handheld shipbuilding orders for 152 million deadweight tons, an increase of 39.5%, an increase of 16.1% over the end of 2013. However,Shipping marketThe limited nature of the recovery brings surge of orders, did not make the performance of shipbuilding enterprises obtain rise. According to some enterprises semi-annual report, in addition to Chinese ship, the performance of the rest of shipbuilding companies were sharp decline or even losses. In fact, this wave of orders rose a shipyard in exchange for sacrificing their own profits, orders the most actively traded, the boat price is very low. 

China Shipbuilding Industry Association data given, 64,000-ton bulk carrier, the lowest when they are at $ 24 million -2500 million deal, owners almost no profit. Later shipbuilding companies saw orders up, it increases to $ 27 million -2800 million, or volume down quickly, so shipping companies have to continue to maintain a low shipping price loss shipbuilding. It's just a low period in the struggle to survive. 

Maritime Exhibition at this forum, China Shipbuilding Engineering Society Fellow book a party that does have intermittent shipbuilding orders increased, but there are a lot of industries are called "toxic" orders, many shipbuilding companies in order to maintain operating and personnel stable, low-profit, non-profits or even losses in shipbuilding orders, the majority of shipping enterprises is actually "not making any money." 

"South Korean share of the world shipbuilding master 80% lng ship, lng boat is almost this 'storm' the only species no price cuts, while China Hudong delivered so far only six lng ship." Party A book that Chinese shipyards still difficult to manufacture ship with core competitiveness, "new ship prices are low, the first advance payment ratio is not high; many enterprises financing difficulties, the impact of ship delivery schedule, the loss of new orders; shipyard slipway, shipyards and other large private facilities difficult transition , mergers and acquisitions and other issues related to the implementation of the policy has not yet caused the ship delivery delays, completion decline, corporate earnings difficulties; enterprise transformation and upgrading of the heavy task of structural adjustment. "