China’s shipbuilding sector continued to take the lead globally last year, as busy maritime transport across the world pushed up ship demand.
The country’s shipbuilding output, an indicator reflecting the vitality of the sector, amounted to 39.7 million deadweight tonnes (dwt) in 2021, rising 3 percent year on year, data from the Ministry of Industry and Information Technology showed.
The 2021 output accounted for 47.2 percent of the world’s total, up 4.1 percentage points from that in 2020, the ministry said.
New shipbuilding orders, another major indicator of the shipbuilding industry, surged 131.8 percent year on year to 67.07 million dwt in 2021, accounting for 53.8 percent of the global market share.
Holding order volumes came in at 95.84 million dwt by the end of last December, rising 34.8 percent from the end of 2020 and taking up 47.6 percent of market share globally.
The ministry also said the international competitiveness of Chinese shipbuilding companies further enhanced in 2021, with six companies ranking among the world’s top 10 shipbuilders in terms of output, new orders and holding orders, respectively.
MARAN convokes national discourse on resurgence of maritime crimes in Gulf of Guinea
Adeniyi, CGC, makes refresher course mandatory for officers ,matches them out on 5- kilometer fitness exercise in Abuja
NIMASA set to open Lokoja office to harness waterways resources
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has disclosed that the Agency is set to reopen the Lokoja office, as part of efforts towards harnessing the Blue Economy, enhancing collaboration, while also promoting Research and Development.
The DG, who made this known when he played host to the Executive Secretary of the Kaduna State Emergency Management Agency (KADSEMA), Mal. Usman Hayatu Mazadu at the head office of the Agency in Lagos, noted that investment in research would play a major role in ensuring the harnessing of Nigeria’s maritime potentials.
“The key cardinal principle of opening the NIMASA Lokoja office is to improve on Research and Development.
He said, “Now, the Blue Economy has come to stay and very soon you will see the impact of what we have; in terms of the gains and benefits to grow our Gross Domestic Product while improving the well-being of our own Economy”.
Earlier in his remarks, Mallam Usman of KADSEMA lauded the Agency for the feat achieved so far, which cuts across the entire Nigeria.
Freight Monitor1 month ago
Freight Forwarders threaten to shut down ports over alarming rate of extortions by maritime police.
Headlines3 months ago
Mass retirement hits Army, Navy, Air Force as Defence Headquarters issues quit notice to senior officers
Customs3 weeks ago
Shake-up in Customs as Apapa, Tin Can, Seme, KLT commands get new Area Controllers
Headlines3 months ago
NPA, Shippers’ Council on collision course over dollarisation of barge operations
Headlines4 weeks ago
Too many people are after my job in NIMASA—-Jamoh cries out, explains reasons for malicious campaign against him
Headlines2 months ago
Fuel price rises as NNPCL adjusts pump price to N568 in Lagos, N617 in Abuja