Global financial turmoil, China shipbuilding industry - the financial crisis, the ship industry - machine tool industry

Global financial turmoil, China shipbuilding industry - the financial crisis

, the ship industry - machine tool industry

2008 difficult to predict the risk of incoming, in September, the U.S. financial crisis has rapidly spread to the world as a scourge, full outbreak of the global financial crisis, the stock market crash! Market crash! Commodity market crash! Global credit crisis! By the U.S. financial crisis facing SMEs in China have closed down, imports and exports, the automotive industry, textile industry, Deng Jun serious blow by the U.S. financial crisis. China's shipbuilding industry, the "Made in China" are the pillars of the financial turmoil facing a severe winter.

Shipbuilding industry is a typical combination of military and civilian industries, not only China's industrial modernization and a catalyst for job creation, it is China's efforts to become a maritime power is a key springboard. Shipbuilding has a longer history in China, according to historical records: "boats of the best in Jiangxi Sheng", far away in the Qin and Han period, from the activities of peasant uprisings and Fan Qin frequent war and people's need, and therefore the origin of ships and the people will be increasingly deepening . After the completion of the new China, China's shipbuilding industry has made significant progress and become a major North in the Southern grain transport. Since the 20th century, the global shipping market recovery, there has been shortage of capacity, a substantial rise in the tariffs, the major shipping companies to begin mass custom-made vessels. EU trade data show that in 2002 China produced a new ship in the world 13%; In 2005, China's shipbuilding output reached 12.12 million dwt, representing the world's market share climbed to 17%.

According to China Shipbuilding Industry Association's data view, the first half of this year shipbuilding capacity of 10.24 million dwt, up 36%; handheld shipbuilding orders 192 170 000 dwt, an increase of 82%. Orders inferred from the current hand-held, despite the U.S. subprime mortgage crisis, but the increase in China's shipbuilding industry is still in a period of 2011, the total of China's major shipbuilding three categories will be ranked first in the world. A boat into the water from order to delivery usually takes 3-4 years, most point of view, the United States seriously affected by the subprime crisis period will end in the next three to four years. 50s in the last century the United Kingdom is the world's oldest shipping industry; in 1956, Japan more than the United Kingdom; in 2002, replacing Japan, South Korea ranked first date. China's shipbuilding output for the next three years will continue to grow at a rate of 35%, by 2013, China will become the largest shipbuilding country.

The diminished demand in the global economy context, the current situation is worrying China's shipbuilding industry, banking and other financial institutions have tightened to reduce the risk of a mortgage bond, "precedent" not only for shipbuilding or ship East mortgage bond issued by the audit on the cautious, but also increases the threshold for bond issuance. While the domestic stock market and global stock market downturn, a number of domestic private enterprises and joint-venture ship the original IPO (public offering) plan setbacks. 2 "ribbon" tied to the development of the domestic shipping of some private enterprises and joint-venture shipping enterprise plans IPO setback. Jiangsu Pacific Shipbuilding Group

take it, so far the company has postponed IPO plans. Jiangsu Pacific Shipbuilding Group is the world's ocean engineering vessel production companies, according to the relevant person in charge of the company said in March this year into the market of Jiangsu Shipbuilding guidance on the Pacific, IPO plans to raise about 660 million U.S. dollars, as a measure of shipping costs for key commodities indicators Baltic Dry Index (BDI) has risen over the past year more than doubled in the Pacific shipbuilding plan, you must catch in the Baltic index close to the historical peak to raise money before. However, BDI from May 20 this year, the highest point of 11 793 points, falling to 24 October of 1102 points, more than five months up to 90.6% decline. Shows that the financial turmoil on China's shipbuilding industry after the crisis.

However, China's shipbuilding enterprises aging facilities, backward technology, shipbuilding single model, in order to reduce the cost to upgrade, the industry profit downturn, China's shipbuilding enterprises and there is no small risk. The first half of this year, due to substantial growth in shipbuilding capacity, deck machinery, rudder, propeller, valves, gear box, low-speed engine crankshaft, and assorted products appeared to outstrip supply, "boat machine" situation is also relatively more . Despite the global shipbuilding enterprises will face new ships of declining orders, but new ships also means the end of peak demand in the flourishing ship repair coming. Diesel engine crankshaft, cylinder block, cylinder heads, connecting rod, camshaft five parts machining, heat treatment, need for vertical crank CNC Lathe , CNC vertical lathe And CNC Floor Boring Milling And so on. Therefore, rapid growth of shipbuilding, marine equipment manufacturing for the machine tool industry has brought new opportunities and challenges.

The rapid development of shipbuilding industry needs and the machine tool industry, "dance" before the financial crisis, everything seems to come so smoothly. But the shipping industry, the arrival of winter has become an indisputable fact, the economic downturn's effect on the machine tool industry may be just beginning, in the face of financial turmoil and more brutal market environment, China's machine tool business how to cultivate internal strength, and enhance their ability to withstand risks. "If winter comes, can spring be far behind?" "A cold snap, when the open plum?" Perhaps the answer lies deep in you heart, perhaps, we all know and have had no answer.

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