The development status of China's shipping industry in 2023, the shipping industry has been in a new cycle of recovery

Iii. Industrial Chain

The upstream is mainly the preparatory link of ship manufacturing, including the supply of raw materials (mainly steel supply), the supply of ship supporting facilities, etc. In terms of Marine steel, China has 12 major shipbuilding and Marine engineering steel production enterprises and their 24 production lines, and the total output of these enterprises for shipbuilding and Marine engineering steel accounts for about 90% of the national total output. Among these 24 production lines, there are 7 well-equipped 5000mm and above wide and thick plate production lines, 7 4000mm and above wide and thick plate production lines, 5 3800/3500mm production lines, and 5 medium plate production lines below 3500mm, ranking in the world's leading level.

The middle reaches are mainly ship assembly manufacturing, among which dry bulk carriers, oil tankers and container ships are known as the world's three mainstream ship types. China's ship assembly and manufacturing is divided between north and south, "South ship" refers to China Shipbuilding Industry Group, "North ship" refers to China Shipbuilding Industry Group; The eight listed companies in the shipping industry under the two groups, together with non-listed companies such as Waigaoqiao, basically cover more than 90% of the market share of China's ship assembly manufacturing.

4. Development background

In recent years, the development of the world Marine economy has stepped into the fast lane of world economic development, and in many coastal countries and regions, the Marine economy has become a new growth point of development. China's Marine economy is developing rapidly, the total output value of the major Marine industries continued to grow before 2020, affected by the global epidemic in 2020, the development of the major Marine industries was hindered, and the overall output value of the industry declined. In 2021, the Marine industry resumed production activities, and the overall output value of the industry increased by 14.87%, achieving an added value of 3,405 billion yuan. Although uncertainties such as the impact of the epidemic and international geopolitical tensions continue, the trend of continued recovery and good development of the Marine economy will not change. In 2022, the total value of Marine production was 9,462.8 billion yuan, an increase of 1.9% over the previous year, with major economic indicators stabilizing and recovering, and China's total Marine economy achieving steady growth. The added value of 15 major Marine industries was 3,854.2 billion yuan.

Fifth, industry development status

In 2021, the recovery of the international shipping market superposition the ship batch replacement cycle, driving the global new shipbuilding market to rebound beyond expectations, China's shipping enterprises to seize the opportunity to undertake a large number of orders, the industry's overall GDP rapid growth reached 126.4 billion yuan, a growth rate of 10.20%. In 2022, the annual added value of the Marine shipbuilding industry reached 96.9 billion yuan, 23% lower than the previous year.

1. The international market share continues to lead, and the competitiveness of backbone enterprises is enhanced

In 2022, China's shipbuilding international market share has ranked first in the world for 13 consecutive years, and its position as a shipbuilding country has been further consolidated. China's shipbuilding completed volume, new orders received, and hand-held orders accounted for 47.3%, 55.2% and 49.0% of the world's total deadweight tons, respectively, an increase of 0.1, 1.4 and 1.4 percentage points over 2021, and accounted for 43.5%, 49.8% and 42.8% of the revised total tons, also maintaining the global lead.

2. New breakthroughs have been made in high-end equipment, and green-powered ships are growing rapidly

In 2022, China's shipping enterprises will continue to increase research and development efforts and make new breakthroughs in the field of high-tech ships and offshore engineering equipment. High-end ship types such as 24,000 TEU container ships and 174,000 cubic meters of large LNG were delivered in batches, the first domestically produced large cruise ship achieved a major node of main power generation vehicles, and the construction of the second large cruise ship began smoothly. The 300,000-ton LNG dual-fuel power very large oil carrier (VLCC), 209,000 tons Newcastle type LNG dual-fuel power bulk carrier, 49,900 tons methanol dual-fuel power chemical/product oil carrier and other green power vessels were completed and delivered.

In 2022, the proportion of new orders for green powered ships reached 49.1%, the highest level in history.

3. The application of domestic supporting products has accelerated, and the security level of the industrial chain has been enhanced

In 2022, the loading rate of domestic Marine main engine, Marine boiler, Marine crane, Marine gas supply system (FGSS) and other supporting equipment will continue to increase. The development capacity of Marine high-end steel has been continuously improved, all the crack plates of large container ships have been replaced by domestic products, the localization rate of two-way stainless steel on chemical ships has increased from less than 50% to more than 90%, the domestic high manganese steel tank project has started smoothly, and the special stainless steel for domestic thin-film LNG tanker has passed the patent company certification. The automatic welding equipment for all positions of corrugated plate of domestic LNG carrier has been developed successfully. The security level of industrial chain and supply chain has been significantly improved.