Based on accurate judgment of global shipbuilding market and shipping market, China State Shipbuilding Corporation (CSSC) grasped opportunities and promoted comprehensive transformation development strategy since the beginning of this year, which resulting in a steady order undertaking business in the first three quarters.

According to the statistics, in the first three quarters, the valid ship orders CSSC has undertaken amount to 149 ships, 13.79 million DWT and 4.19 million CGT, accounting for 10.7%，15.2% and 13.6% in global market share respectively. Meanwhile, the order size of marine engineering equipments of CSSC is 1.75 billion RMB, with a global share of 5.4%.

Especially, Shanghai Waigaoqiao Shipbuilding Co.Ltd, Chengxi Shipyard and Hudong-Zhonghua Shipyard signed shipbuilding orders with COSCO, respectively with 4 bulk ships of 200,800DWT, 14 bulk ships and 5 container ships of 145,000TEU, which has become highlight in CSSC’s order business and aroused wide concern in shipbuilding industry.