The new shipbuilding cycle starts, and Chinese ships lead the world

On the operational level, Guangshan International actively undertakes dual-fuel vehicle roll-on/roll-off (PCTC), passenger roll-off vessels, polar condensate tanker and polar research vessel and other dual-high-tech vessels. As of 1H22, Guangzhou Shipbuilding International has officially delivered the world's first SueZ-type dual-fuel power tanker of 158,000 DWT, and delivered 110,000 tons of oil tankers, passenger cargo rolling vessels, 50,000 tons of methanol dual-fuel tankers and 150,000 tons of LNG dual-fuel tankers in turn. According to the company's announcement, the company's performance from 2015 to 2018 showed a significant decline, mainly due to the unfavorable impact of factors such as the downward cycle of ships and offshore industry, and the sharp decline in demand for new ships. 1H22 GSSC achieved revenue of 5.293 billion yuan, an increase of 36% year-on-year. In recent years, the company actively promoted quality and efficiency improvement and cost control, and the gross profit margin of GSSC shipbuilding products increased year-on-year.