Between January and February 2020, the global shipbuilding order volume was reduced by more than half, falling from 750,000 cgt to 300,000 cgt.
The Chinese shipbuilding industry, where order volume fell drastically over this period, was hit hard by the disruptions related to the coronavirus (COVID-19) pandemic.
Monthly global shipbuilding order volume in January and February 2020
(in compensated gross tonnage)
Compensated gross tonnage indicates the workload needed to produce a ship. It is found by multiplying the ship tonnage by a coefficient dependent on the ship size and type.s
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Maeil Business Newspaper. (March 10, 2020). Monthly global shipbuilding order volume in January and February 2020 (in compensated gross tonnage) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1107925/monthly-shipbuilding-order-volume/
Maeil Business Newspaper. "Monthly global shipbuilding order volume in January and February 2020 (in compensated gross tonnage)." Chart. March 10, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1107925/monthly-shipbuilding-order-volume/
Maeil Business Newspaper. (2020). Monthly global shipbuilding order volume in January and February 2020 (in compensated gross tonnage). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1107925/monthly-shipbuilding-order-volume/
Maeil Business Newspaper. "Monthly Global Shipbuilding Order Volume in January and February 2020 (in Compensated Gross Tonnage)." Statista, Statista Inc., 10 Mar 2020, https://www.statista.com/statistics/1107925/monthly-shipbuilding-order-volume/
Maeil Business Newspaper, Monthly global shipbuilding order volume in January and February 2020 (in compensated gross tonnage) Statista, https://www.statista.com/statistics/1107925/monthly-shipbuilding-order-volume/ (last visited December 22, 2024)
Monthly global shipbuilding order volume in January and February 2020 (in compensated gross tonnage) [Graph], Maeil Business Newspaper, March 10, 2020. [Online]. Available: https://www.statista.com/statistics/1107925/monthly-shipbuilding-order-volume/