Pacific shipbuilding shipbuilding market downturn contrarian expand production line
2015-08-18 09:03:58   【Number of times read:380】

    In the global shipping market is still in a difficult moment at the bottom of the recovery process, "First Financial Daily" correspondent learned today from the Pacific Shipbuilding Group, the new company will expand production line. The company's Yangzhou Dayang Shipbuilding Co., Ltd. (hereinafter referred to as "Yangzhou Dayang Shipbuilding") Haitong production base was officially inaugurated today, the day of 1 CROWN 63 bulk carriers also started.

    According to the reporter, Yangzhou Dayang Shipbuilding of this new production line is leased Haitong Marine Engineering Equipment Co., facilities and equipment, leveraging the expertise of the latter production segment, open up a new production line.


    From the beginning of the second half of last year, the shipping market appeared signs of recovery, especially in China's shipbuilding enterprises, the amount of orders surged. However, orders are still concentrated in the hands of large shipping enterprises, enterprises have more than half of the ship is still close to "zero" orders, received a single enterprise, due to the price of the ship is not ideal, and the cost of capital remains high, has been in the profit or loss status.

Currently, many shipyards are still in position to stop production and even bankruptcy, while Dayang Shipbuilding contrarian expand the production line, for which the Pacific Shipbuilding Group Chairman and CEO Ray Leung told reporters that the company had been positioning the brand well, to additional areas of high force, even in the industry downturn has reaped plenty of orders currently in the offshore support vessels (OSV) in the field, the Pacific shipbuilding Group has become the world's largest OSV manufacturer.


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