Orders of Some Shipbuilders Hit a 20-year High, Exports of Ships in Guangdong Soaring by over 100% in March

Published: May 10, 2022 12:08
Source: SMM
During the recent two years, the growth of the global container shipping market and the recovery of the dry bulk market have boosted the demand for new vessels.

SHANGHAI, May 10(SMM) - During the recent two years, the growth of the global container shipping market and the recovery of the dry bulk market have boosted the demand for new vessels. A staff from a shipyard in Jingjiang, Jiangsu said, the orders of enterprises reached the peak of nearly 20 years, of which foreign orders accounted for more than 90%. In addition, according to another shipbuilding base in the Pearl River Delta, Guangdong exported 69 vessels in March, a significant increase of 102.9% from last year with 1.28 billion yuan, an year-on-year increase of 77.3%. Vessels exports included motorized multipurpose ships and container ships.

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