According to the revised data, the total number of orders undertaken by South Korea’s shipbuilding industry was 3.78 million tons, ranking second only to the UK’s shipbuilding industry’s revised total of 1.47 million tons, accounting for 3.78 million tons, compared with the revised total number of orders issued by China’s shipbuilding industry in January. In terms of ship types, liquefied natural gas carriers (LNG ships) with more than 140000 cubic meters and large container ships with 12000 standard containers (TEU) account for 67% of the total orders.
Wen Zhaodong of Anxin Securities said that according to the prediction of the shipbuilding industry association, the global demand for new ship ordering will not shrink significantly in 2022, and the trading volume will be about 90 million dwt. In 2022, China’s shipbuilding completion is expected to exceed 40 million dwt. It is suggested to pay attention to the ship supporting enterprises that have sustained revenue growth driven by the recovery of the shipbuilding industry and whose operating profits are relatively less affected by the rise of raw material prices; Second, in 2022, driven by the rise in the price of new ship orders in 2021, the operating profit margin of the shipyard is expected to gradually improve.
According to the theme database of financial Associated Press, among the relevant listed companies:
China Cssc Holdings Limited(600150) after the asset restructuring in 2020, it has five holding subsidiaries of Jiangnan Shipyard, Shanghai Waigaoqiao Free Trade Zone Group Co.Ltd(600648) shipbuilding, Guangzhou shipbuilding international, China Shipbuilding Chengxi and China Shipbuilding Power Group, covering both the upper and lower industrial chains of shipbuilding. At present, there are full orders, and the order scheduling has been to 2023 and after 2024.
Asian Star Anchor Chain Co.Ltd.Jiangsu(601890) is the largest professional manufacturer of marine anchor chain, marine mooring chain and mining chain in the international anchor chain industry. By the end of 2020, the company’s production capacity was 260000 tons.
