A Study on the Chinese Shipbuilding Industry
A look at a study on the Chinese shipbuilding industry
The Department of Economics and Business Administration at the University of Southern Denmark is currently conducting a study on the Chinese shipbuilding industry. More specifically, they are performing an economic analysis of price and orderbook in the nation's shipbuilding industry. The objective of this project is to present an economic analysis of the international shipbuilding industry especially with a focus on the Chinese shipbuilding industry. The research mainly focuses on the price and orderbook of staple Chinese vessel types (dry bulk carriers and tankers). The project consists of three parts. The first part concentrates on the shipbuilding price formation of dry bulk carriers and tankers, aiming at investigating the relationship between Chinese shipbuilding price and determinants by including generic market factors as well as Chinese elements. In addition, simulations are performed in order to analyze what would happen to the Chinese shipbuilding prices under price factor changes in the future. The second part studies the competitiveness of the Chinese shipbuilding industry. The aim is to gain insight into the international competitive position of the Chinese shipbuilding industry for general types of merchant ships from both cost and price perspective. In the last part, the relationship between price and orderbook will be discussed based on various price changes, particularly under the impact of recent financial crisis. At present, the project has been at the metaphase of research with several papers presented in academic conferences, published as working papers or a chapter in the shipping themed book. The primary result indicates that there are five factors that have significant impacts on the Chinese price of tankers and dry bulk carriers. For more information please contact: lji@sam.sdu.dk
PRESS4TRANSPORT is funded by the European Commission's Directorate-General for Research under the Seventh Framework Programme for Research and Technological Development (FP7)