Chinese shipyards secure big orders amid pandemic

The Chinese shipbuilding market has been buzzing this year, with global orders for roll-on/roll off (roro) ships, chemical tankers and liquefied natural gas (LNG) vessels pouring despite disruption caused by the COVID-19 pandemic.

In Nanjing, provincial capital of east China's Jiangsu, workers at the China Merchants Jinling Shipyard have been busy building three types of roro simultaneously. These orders came from Japan, Italy, Germany and other foreign countries.

"In the first half of this year, there were 66 orders of roro (roll-on/roll off) ships being placed globally, and we won 38 orders, ranking first globally. It's due to our leading technology and strict quality standards," said Jiang Fuhai, general manager of the China Merchants Jinling Shipyard.

Meanwhile in nearby Yangzhou city, the Jinling Dingheng Shipyard is leading in orders of a special type of vessel, thanks to the benefits of a complete industrial chain.

"Small and medium-sized chemical tankers represent a very niche market, but our orders reach to 2025. The large amount of orders is benefited from the complete industrial chain in the Yangtze River Delta region, high quality vessel design and special services to ensure return customers," said Fang Yunhu, general manager of the China Merchants Jinling Dingheng Shipyard.

Although the COVID-19 outbreaks continued to disrupt face-to-face business negations in the first half of 2022, the management team at China State Shipbuilding Corporation carried on the talks and signing online.

The company said this year's new building orders have amounted to 10 million deadweight tonnage, which has met its annual goal.

"It wasn't an easy task to achieve such results under the epidemic. During this period, we took the initiative to ensure each business process to stay connected and be efficient, with the quality of orders keep improving. While medium and high-end vessels accounted for 90 percent of our orders, the amount of orders for dual-fuel powered vessels has been on rise. Especially the orders for large-scale liquefied natural gas (LNG) vessels, which amounted to more than one third of global total," said Hu Kai, general manager of the China Shipbuilding Trading Company.

Source: CCTV

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