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The debate over the "preservation" and "abandonment" of intelligent ships

In the past decade, the research and development of intelligent ships has gone from a blank field to a global boom, with major shipbuilding countries around the world developing intelligent application platforms, autonomous navigation systems, remote control systems, and intelligent ships with related functions. Against this backdrop, China's shipbuilding and shipping industries have also launched beneficial explorations in the field of intelligent ships, forming a certain amount of technological accumulation and industrial foundation.

2019

Sino-US trade dispute impacts new shipbuilding market

The reduction in new ship orders and the continuous decline in new ship prices have brought a serious impact on the global shipping market due to the prolonged US-China trade dispute. This year, the South Korean shipbuilding industry will face a "double dilemma" of reduced order intake and falling ship prices. Data from Clarkson shows that in the first half of this year, global new ship orders totaled 10.26 million CGT, a significant decrease of 42.3% year-on-year; at the same time, the value of new ship orders dropped by 23.2% year-on-year to US\$29.25 billion. One reason for the decrease in new ship orders is the reduction in global trade volume caused by the US-China trade dispute, leading ship owners to postpone orders. According to data from VesselsValue...

2019

CSSC's marine heavy equipment makes a splash at CIIE, signing orders exceeding $300 million

During the second China International Import Expo (CIIE) on November 6, CSSC held a signing ceremony for a batch of import projects. Sixteen member units signed 44 projects with 35 foreign suppliers, totaling US\$328 million. In addition, the group's deep-sea submersible, "Deep Sea Warrior," made a stunning appearance at the China Pavilion.

2019

Shipping will continue to be hampered by overcapacity

As 2009 draws to a close, most shipping professionals are hoping for a better year ahead. However, the industry may well remain mired in a crisis of its own making: over-ordering of ships. Those placing orders seem to have completely disregarded whether the market actually needs so many vessels. World trade is the lifeblood of shipping, with 90% of trade volume transported by sea. Since the end of World War II, world trade has grown steadily, averaging 3-4% annual growth, with only the 1970s and 1980s showing slightly lower growth rates.

2020

Is the trend toward larger container ships inevitable or is it nearing its end?

2020

During the World Expo, cargo ships on Shanghai's inland waterways must be equipped with VHF radios

2020

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