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Thursday, December 14, 2017

INTERTANKO participates in second China Shipbuilding Summit

In Dalian this week, INTERTANKO’s Regional Manager Asia-Pacific, Tim Wilkins, chaired the opening day’s discussion and debate at the second China Shipbuilding Summit. The main theme of discussion during the opening day was that of the challenges facing China’s shipbuilding industry as it moves forward. This drew in discussion of the risks and uncertainties involved.

 

Opening the day’s presentations in a session which focused on the current market trends, Wilkins provided an overview of the current and future tanker fleet. Highlighting some of the uncertainties for the sector in terms of fleet expansion, Wilkins also summarised two further challenges for the tanker sector, namely greenhouse gas emissions and the people challenge; manning and training.

 

Click here for a copy of the presentation.

 

Further presentations were given by Lloyd’s Register and Germanischer Lloyd, focusing on the state of, and challenges for, the dry-bulk and container sectors respectively. At the end of the first day, Wilkins chaired a panel discussion which drew on the expertise of Clarkson Asia’s Managing Director, Martin Rowe, and ABS’ Director of Rules and Standards, Gary Horn.

 

Discussion centred on Rowe’s assertion that there are several elements which are preventing China from taking the lead in the shipbuilding industry from South Korea. In response to the question of China’s greatest challenges in the next five years, Rowe explained that it would be the development of a maritime cluster which, among other benefits, would allow the industry to improve its efficiency.

 

As an example, Rowe suggested that it was essential to ensure that all components in the shipbuilding industry were manufactured in China, and that it had to find a way to avoid being reliant on imported equipment. ABS’ Gary Horn added to the efficiency comment by suggesting that manpower levels and a skilled work force would also add leverage to China’s ambition.

 

Contact: Tim Wilkins