The new built a sharp drop in demand

Shandong daewoo shipbuilding company once new ship market, but soon lost; Now the main business is to create ship section, and then shipped to South Korea's parent company.
The company develop new business in 2010, and in A106 spiral welded steel tube manufacturer early 2011 to 58 k Greek shipowners two bulk orders, work with another shipyard production. In 2012 the company announced the suspension of new shipbuilding orders, back to the segmented manufacturing project of the ship. "New shipbuilding market is too weak, waiting for the market showed a trend of recovery after a new project again." The company is explained.

Through the shandong company, daewoo shipbuilding corporation planned small and medium-sized ship under ASME B16.9 Butt Welded reducing tee construction, but the sharp decline in demand for new ships, delayed the plan.It was in recent years, the ship companies face of rapidly changing market environment. "When we enter the market in 2010 after order, the cost is $32 million, a new ship cost is $25 million a few months later, still hovering between $23 million to $24 million. The bulk carrier market downturn has not the past." Tan Dexiu said.

From the Wind data statistics, loss of enterprise number reaches its peak this year, the industry has 177 enterprises JIS MS plate flat welded forged flange loss at the end of 2011, accounting for about 11%, 2012, 247 companies losses, directly to rise to 406 in February, recently eased, losses in June of 337 enterprises, accounting for more than 23%. At the same time, at least 60 business failures.

Wind, according to industry reached a peak in sales growth in March, 2011, up 30% from a year earlier, after continued to slide, growth is down to single digits, in March 2012 in October 2012 began to negative growth, and continues up to now, fell 6.75% in June.