Shipbuilding industry has entered a new round of rapid development

Hydrogen-powered vessels and electric vessels, due to their disadvantage in energy density, are more likely to achieve large-scale applications in the near future in inland vessels, tugs, small and medium-sized Marine auxiliary vessels, passenger ships and other fields.

The impact of sulfur emission limits and ballast water conventions on the industry tells us that environmental legislation in the shipping industry has become the main driving force for technological innovation in the world's shipbuilding industry. The industrial opportunities brought by a new round of technological change such as low-carbon ships and zero-carbon ships are far greater than the impact of desulfurization towers and ballast water treatment devices on the industry, which will affect many industrial chain links such as ship design, ship assembly, power equipment, new supporting equipment, repair and refitting, and is a major opportunity for China's shipbuilding industry to break through the development bottleneck and build new advantages in industrial development.

Three, offshore equipment market new track looming

Since 2014, the global Marine engineering equipment manufacturing industry has been severely impacted by shrinking demand and sky-high inventories, and a large number of enterprises have fallen into the mire and can not extricate themselves. For more than 6 years, some people have left the field sadly, some people have stuck to it silently, and the market recovery that the defenders are struggling to pursue has been delayed. However, it is gratifying that in the context of a new round of energy revolution, a new track looms, and the industrial scale is expected to grow again.

First, the offshore wind power industry has taken the lead.

Governments' support for wind power has provided a good foundation for the development of offshore wind power. In particular, from 2018 to 2020, there has been a rush to install wind power projects in China, and the demand for offshore wind power engineering equipment has increased significantly, and the new and modified wind power installation ships/platforms have reached about 20 / seat each year.

However, due to the low value of equipment, it is difficult to play a substantial role in the recovery of the Marine engineering equipment market, and after the rush to install the tide, the sustainability of the market is also worrying. With the announcement of China's carbon peak and carbon neutral targets in 2020, the confidence of the offshore wind industry has been reignited, and there are even cases of drilling RIGS costing up to $200 million to be converted into wind power installation platforms.

To be sure, renewable energy is a long-term, sustainable industry, countries around the world are strongly supporting their own enterprises to seize Marine energy resources, large oil companies, power giants have entered, especially with the increasing power of wind turbines, platform lifting capacity is getting higher and higher, offshore distance is getting farther and farther, including wind power installation ships, wind power operation and maintenance ships. The market scale of offshore wind power equipment, including floating wind power platforms, will continue to grow.

Second, new equipment systems such as Marine renewable energy bases and Marine carbon neutral infrastructure are gradually approaching.

The further development of the offshore wind power industry will give birth to offshore energy storage platforms, offshore liquid ammonia production lines, shuttle hydrogen carriers, shuttle ammonia carriers, and various types of engineering vessels and auxiliary vessels for platform construction and operation.

The construction of offshore renewable energy storage and transportation facilities will also further stimulate the development of more Marine renewable energy. In the past, offshore photovoltaic islands, tidal energy generation, salt difference energy generation, wave energy generation, etc., which have only stayed in the concept or experimental stage, will gradually have the feasibility of commercialization and industrialization with the help of offshore renewable energy storage and transportation facilities, and bring more equipment needs.

On the other hand, the realization of carbon neutrality is inseparable from large-scale carbon capture and storage, and the huge ocean area and the high-pressure characteristics of the seabed make it an important carbon storage site. As the carbon trading market continues to mature, capital's pursuit of carbon sink value will lead it to invest in large-scale carbon dioxide Marine storage projects, and the demand for equipment such as large operating platforms, underwater facilities and carbon dioxide transport vessels is worth looking forward to.

Third, offshore oil and gas development equipment will still occupy a large market scale.

Human dependence on fossil energy is not only electricity and fuel, industrial products with fossil resources as the initial raw materials have penetrated into every corner of our lives, and it is not a ban can be done. Coupled with clean technologies and large-scale carbon capture, fossil fuels will continue to play an important role in economic development. Offshore oil and gas development equipment has long been the main force of offshore engineering equipment, and will still be an important market that cannot be ignored in the shipbuilding industry in the future.