In-Depth Forecast of China Offshore (Marine) Engineering Market, 2013

As for the current industrial layout of the international marine engineering equipment, in terms of the general contracting and design, at present, the large marine engineering companies and design companies from the US, Norway, France, Australia etc., still occupy the leading position.

In terms of total construction capability, by virtue of their own advantages in shipbuilding and ship repair, South Korea and Singapore have occupied large market shares in the jack-up platform, semi-submersible platform, drilling ship, floating production system and other mainstream marine engineering equipment fields; Brazil, Russia and other countries with rich resources begin to cultivate their own marine engineering equipment building enterprises, becoming the new competitors of the world marine engineering equipment.

As of 2012, China had more than 20 marine engineering equipment manufacturing enterprises, mainly centralizing in the Bohai Rim, Yangtze River Delta and Pearl River Delta as well as focusing on shipbuilding and ship repair companies.

Among these manufacturers, the following enterprises belong to the first echelon, which mainly engage in the construction of drilling platforms and floating production systems, such as Yantai CIMC Raffles Offshore Limited, Dalian Shipbuilding Industry Co., Ltd., and Shanghai Zhenhua Heavy Industries Co., Ltd., Shanghai Waigaoqiao Shipbuilding Co., Ltd., COSCO Shipyard Group Co. Ltd., China Merchants Heavy Industry (Shenzhen) Co., Ltd. as well as Qingdao Beihai Shipbuilding Heavy Industry Co., Ltd., Shanghai Shipyard Co., Ltd. and so on.

In 2012, the domestic marine engineering equipment industry totally received the main marine engineering equipment orders of 31 units, with the total amount of about USD 4.6 billion; the total amount of order basically kept unchanged compared with USD 4.67 billion in 2011.

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In-Depth Assessment and Development Forecast of China Offshore (Marine) Engineering Market, 2013

 

Press Release, December 30, 2013

 

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Posted on December 30, 2013

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