China's total Marine economic output reached nearly 6 trillion yuan last year, and some Marine industries, including offshore equipment, ranked among the top in the world, according to data released by the State Oceanic Administration on Thursday. The State Oceanic Administration said that during the "13th Five-Year Plan" period, it will focus on the strategy of maritime power, promote the construction of the 21st century Maritime Silk Road, and vigorously cultivate and develop strategic emerging Marine industries. The agency believes that under the promotion of policies, the fields of shipbuilding, maritime electronic equipment and offshore equipment will usher in rapid development opportunities.
According to the newly released 2015 Marine Development Report, the gross domestic product of China's Marine economy was 5.9936 trillion yuan last year, up 7.7 percent year on year, contributing about 9.4 percent to domestic GDP. Among them, the new orders received by the offshore equipment manufacturing industry last year were 13.9 billion US dollars, ranking first in the world, and the market share rose from 24% in 2013 to 41% last year.
According to reports, the report combines the development of Marine industry and major events in the Marine field, from the macro environment of China's Marine development, the development of Marine economy, the maintenance of national maritime rights and interests, and the construction of the maritime Silk Road and other seven parts to discuss. Among them, the 21st Century Maritime Silk Road is a new highlight of the report, and the acceleration of the strategy will also bring market opportunities for the development of the Marine economy.
In addition, under the promotion of the strategy of strengthening the military and comprehensively deepening reform, the construction of naval equipment has ushered in an opportunity to increase demand. According to reports, the equipment displayed by the equipment team is domestic active duty main combat equipment, including new weapons and equipment of the army, navy, Air Force and the Second Artillery Force, and new equipment accounts for a relatively large proportion of the debut.
It is expected that under the joint promotion of the strategy of maritime power and the "Belt and Road" strategy, the naval equipment industry will usher in a 100-billion-level market space. The shipbuilding sector, which is the first to benefit, will receive substantial order support. In addition, the website of the Ministry of Transport disclosed on the 23rd that with the approval of The State Council, the implementation period of the old transport ships and single-hull oil tankers' early scrapping renewal policy was extended for two years, which is also conducive to the increase in demand for the shipbuilding industry.
In terms of the company, China Shipbuilding is the leader of domestic civil ship manufacturing, bulk carriers, oil tankers and low-speed high-power diesel engines are its main business, the company actively layout offshore business, the actual control of China State Shipbuilding Industry Group. According to the data, the company received 61 new ship orders last year, with a total of 8,993,200 deadweight tons, and undertook 4 offshore engineering platforms. By the end of last year, 163 ships had been ordered with a total of 20.5732 million deadweight tons and 10 offshore engineering platforms. The organization believes that the group has a large number of high-quality military assets in East China, Hudong Zhonghua Shipyard, Jiangnan Shipyard, etc., under the background of the tide of reform of central enterprises, there are expectations of integration. CSSC, formerly known as Guangzhou Shipbuilding International, is also controlled by China State Shipbuilding Industry Group. The company has now completed the acquisition of the assets of Whampoa Wenchong and has a high market share in the field of naval ship manufacturing. At the same time, the company's previous acquisition of Longden shipbuilding assets has made the company's competitive strength in the civil bulk carrier, oil tanker and other markets.
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