XINDE MARINE NEWS
China's ship repair industry achieved double growth xinde marine news Sarah Yu 2020-10-14 16:56


In the first three quarters of China's ship repair industry, the number of completed ships increased by 7% year-on-year, and the total amount of ship repair increased by 47% year-on-year. The performance of the ship repair industry in the new dual-cycle pattern is remarkable.

In the first three quarters of this year, China's SPCC has bid for more than 10000 ship repair orders, completed and delivered 3000 ships, achieving an output value close to 22 billion yuan of the whole year last year. The marketing teams led by these business managers have contributed a lot.

SPCC plays an important role in China's ship repair industry. In China, SPCC covers 90% of the foreign ship repair market, owns 80% of the repair dock (dock capacity), completes 70% of the ship repair work, and wins 60% of the profits of the ship repair industry.

Source: Sarah Yu, XINDE MARINE NEWS

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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