Analysis on the operation of Zhejiang Province's shipbuilding industry in the first half of 2022 released

　Overall operation situation

From January to June, the shipbuilding industry in Zhejiang Province was generally operating well, with completion volume, new The year-on-year growth rates of important indicators such as orders accepted and orders held are much higher than the national level. The total output value was 17.2 billion yuan, a year-on-year increase of 18.2%, of which the civilian ship output value was 8.05 billion yuan, a year-on-year increase of 36.9%; the supporting output value was 2.20 billion yuan, a year-on-year increase of 9.3%; the ship repair output value was 5.52 billion yuan, a year-on-year increase of 7.7%. The main business income was 15.14 billion yuan, a year-on-year increase of 3.4%, and the loss was 640 million yuan. The number of completed ships was 1.454 million deadweight tons, a year-on-year increase of 4.9%, which was 16.5 percentage points higher than the national average growth rate. However, exports fell by 28.8% year-on-year. New orders received increased by 57.9% year-on-year, accounting for 13.55% of the country's total, which was 99.2 percentage points higher than the national average growth rate and hit a new high in the past eight years. With the effective supplement of new orders received, Zhejiang Province's orders on hand continued to maintain a steady growth trend, with year-on-year growth 62.8%.

　Operating characteristics analysis

　 (1) Industry development is rising steadily, with significant growth in major indicators

After experiencing rapid growth in 2021, the global shipbuilding market will enter a correction range in 2022, superimposed on Shanghai, The repeated impact of the epidemic in major domestic shipbuilding provinces such as Jiangsu and Guangdong has led to varying degrees of decline in the three major shipbuilding indicators globally and in China. Against the background of the overall downturn in the shipbuilding industry, the epidemic prevention and control situation in Zhejiang Province was generally stable in the first half of the year, which helped the development of the shipbuilding industry to rise steadily. The growth rate of many statistical indicators was ahead of the country. The three major shipbuilding indicators accounted for a significant increase in the national proportion. Among them, new orders received from January to June increased by more than 50% year-on-year, which is expected to meet the development needs of the industry in the next two years.

(2) Key areas of the shipping industry are showing new trends

Taizhou City has become the second largest shipbuilding company in Zhejiang ProvinceIn prefectures and cities, various statistical data continued to maintain a rapid growth trend, with the proportion of completed projects rising to 41%, an increase of 20 percentage points from the same period last year. The main reasons for the strong development momentum of Taizhou City are: on the one hand, the customer group is positioned in the domestic small and medium-sized coastal cargo ship market. Since 2019, nearly 90% of the new orders taken by Taizhou shipping companies are mainly concentrated on the domestic coast and the single ship load does not exceed 16,000 tons of small and medium-sized cargo ships; on the other hand, the government-led relocation of high-quality production capacity factors, the company's flexible business strategy and relatively abundant financial guarantee have created conditions for Taizhou's rapid development in the past two years.

In the first half of this year, private shipping companies such as Donghong Shipbuilding, Zhejiang Xinle, Ningbo Zhenhe, and Ningbo Boda in Ningbo City (mainly Xiangshan) actively cooperated with local industry management departments, Local associations and others have carried out rectification work for shipbuilding companies with the theme of "safety, transformation and improvement", and have received gratifying returns. Private shipbuilding companies have received a large number of new orders.

　(3) Subdivided industries have developed simultaneously, and the ship repair industry has accelerated its recovery

Under the overall stable environment of Zhejiang Province’s epidemic prevention and control, from January to June, Zhejiang Province’s two pillar subdivided industries, ship manufacturing and repair, both achieved year-on-year growth in total industrial output value. In the first half of the year, ship repair companies in Zhejiang Province seized the opportunity of the overall positive impact of the epidemic and quickly resumed work and production, achieving an increase in both volume and price of the ship repair industry in the first half of the year. From January to June, the output value of ship repairs completed in Zhejiang Province was 5.52 billion yuan, a year-on-year increase of 7.7%, accounting for approximately 35% of the national share. The number of completed ship repairs and the tonnage increased by 22.1% and 15.6% respectively year-on-year. The average tonnage of a single repaired ship 19,800 tons/vessel, of which the number of completed foreign ship repairs and the tonnage increased by 3.1% and 19.6% respectively year-on-year. After achieving a good start in the first quarter, key ship repair companies such as Wanbang Yongyue, Xinya Ship Repair, and Zhoushan Youlian accelerated their pace again in the second quarter. Their output value increased by 20% year-on-year, and all of them achieved profitability. Except for a few small ship repair companies, there were still gaps in docking. Currently idle, the docking maintenance plans of other medium and large ship repair companies have been scheduled to 2023.

On the other hand, the gradual start and construction of a large number of new ship orders has helped Zhejiang Province’s shipbuilding manufacturing and shipbuilding industry maintain a good development momentum. The shipbuilding output value increased by 36% year-on-year, accounting for The total output value of the province's shipbuilding industry was 46.8%, a year-on-year increase of 7 percentage points; the output value of civil ship supporting equipment was 2.2 billion yuan, a year-on-year increase of 9.3%.

(4) The cornerstone status of mainstream ship types remains unchanged, and high value-added ship types have made breakthroughs

From January to June, Three major mainstream shipsModels continue to play a stabilizing role in the development of the shipbuilding industry in Zhejiang Province. In particular, orders for new container ships continue to maintain rapid growth, boosting the load-to-repair ratio of new orders in Zhejiang Province to 0.54 (0.49 in the same period last year). Judging from the absolute volume of new undertakings, bulk carriers and container ships continue to lead the way, with the two types of ships accounting for 84.9%. Among them, the number of container ships and tonnage increased by 70% and 98.6% respectively year-on-year, and the products are becoming larger ( The average tonnage is 31,000 tons per ship, compared with 25,000 tons per ship in the same period last year), and the construction technology difficulty has increased (the load-to-repair ratio is 0.63, compared with 0.51 in the same period last year, and 0.56 at the end of 2021). Among the completed ship types, bulk carriers accounted for approximately 61.6%. The completed delivery volume of oil tankers exceeded that of container ships for the first time in the past two years, accounting for approximately 24.3%. The gas ship market has experienced a breakthrough. Changhong International delivered a total of 3 gas carriers from January to June (2 5000m³LPG and 1 7500m³LNG).

　　(5) Inland river shipbuilding enterprises should wait before rushing and consolidate the characteristics of "specialization"

Zhejiang Province Yihang Jiahu Regional-based inland waterway shipping companies have high visibility and market influence in the country, accounting for approximately 40% of the national market share in the construction of inland watercraft official ships, special ships and sightseeing ships. However, due to the impact of the epidemic spillover from Shanghai from January to June, the completion rate of 14 key inland shipbuilding companies in Hangzhou, Jiaxing and Huzhou was less than half of the annual production tasks. Among them, in Jiaxing area, the normal production start-up time of some shipbuilding companies was less than 2 months, and the main statistical indicators were relatively low. It fell by more than 60% in the same period last year. In the second quarter, inland shipbuilding companies in Zhejiang Province also resumed work and production at full capacity, successfully delivering the "Sugang Hangning 108" navigation vessel, the country's first new energy 2,000-ton distribution dual-purpose transport ship "Dongxing 100", and offshore wind power structure projects Products such as the professional operation and maintenance comprehensive service ship "Huadong Yuan 316" and the first domestic ship using straight-wing rudder propeller propulsion device "Yuhuan 101" further build the "specialized" characteristics of Zhejiang Province's inland river ship manufacturing, and rely on the Qiandao Lake National Water Sports Training base, actively explore the market for sports boats, racing dragon boats and other sports and leisure boats.

　Next step work suggestions

　(1) Strengthen the research and judgment of performance risks when orders are full strong>

It is necessary to focus on dealing with problems caused by uncertainty, make plans in advance and take effective measures to ensure that ships with orders in hand are delivered on time.Avoid significant performance risks. Strengthen the study and judgment of the shipping and shipbuilding market situation, promptly grasp major emerging and trending issues, and make early warning and forecasts in advance.

(2) Seize the new development opportunities brought by green ships

Focus on strengthening standard formulation, ship type standardization and Demonstration zones are established to accelerate the elimination of old and high-energy-consuming ships, and subsidize the construction of new energy-powered cargo ships; research and introduce policies to cultivate the new energy ship (pure electric, hydrogen energy) industry chain in Zhejiang Province, and encourage ship design, shipbuilding Qihe Shipping Company jointly develops and operates new energy ships and related energy-saving and environmentally friendly supporting products; vigorously develops smart shipyards, promotes online visual management of all management links, and expands the application fields of industrial robots and flexible production lines; promotes intelligent services, Realize intelligent services that integrate intelligent ship route planning, e-commerce, marketing and other services.

(3) Increase the cultivation of high-end ship and marine equipment manufacturing industry clusters

Formulate Zhejiang Province’s plan to cultivate high-end ships and marine equipment manufacturing industry clusters The action plan for the marine equipment manufacturing industry cluster promotes the construction of high-end shipbuilding and offshore equipment manufacturing core areas, industry collaborative development areas and key technology future industry pilot areas, accelerates the process of stabilizing and strengthening the chain, and strives to develop in shipbuilding and offshore engineering Open a new chapter on the new industry track.