September 2, 2016 - 6:24 AM EDT
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China Ship Repair Industry Overview, 2016-2020 - Research and Markets

Research and Markets has announced the addition of the "China Ship Repair Industry Overview, 2016-2020" report to their offering.

According to the author, the number of ship repair enterprises was over 100 in 2015. The aggregate market share of top 5 enterprises was only about 14% including Shanghai Huarun Dadong Dockyard Co., Ltd., China Shipping Industry Co., Ltd. and CSSC Chengxi Shipyard (Guangzhou) Co., Ltd. with a low concentration rate. Years of intense competition exerts adverse effects on the long-term development of the ship repair industry, leading to low price orders as a major means of certain enterprises to occupy market shares.

The main business revenue of ship repair enterprises increased from CNY 15.13 billion in 2011 to CNY 25.57 billion in 2013 while that declined from 2014 to 2015.

The demand for global large-scale ocean engineering equipment, special vessel repair and modification was slump from early 2015 so certain ship repair capacity transferred to conventional market. Meanwhile, the demand of major crude oil import increased with low oil prices, which led to a surging market of crude oil transportation. Repair business of oil tankers became a major growth point in the industry for the pull of the demand side in 2015. Another market opportunity of the ship repair industry refers to the repair business of cruises with the support of Chinese government.

Key Topics Covered:

1 Relevant Concepts of Ship Repair Industry

2 Operation Status of Ship Repair Industry in China, 2011-2015

3 Competition Status of Ship Repair Industry in China, 2013-2015

4 Analysis on Top 5 Ship Repair Enterprises in China, 2013-2015

5 Analysis on Costs and Prices in Ship Repair Industry in China, 2013-2015

6 Prediction on Development of Ship Repair Industry in China, 2016-2020

Companies Mentioned

- CSSC Chengxi Shipyard (Guangzhou) Co., Ltd.

- CSSC Chengxi Shipyard Co., Ltd.

- China Shipping Industry Co., Ltd.

- Shanghai Huarun Dadong Dockyard Co., Ltd.

- Zhoushan Xinya Shipyard Co., Ltd.

For more information about this report visit http://www.researchandmarkets.com/research/q8n5nc/china_ship_repair

Related Topics: Shipbuilding and Ship Parts

Research and Markets
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Source: Business Wire (September 2, 2016 - 6:24 AM EDT)

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