The world's shipbuilding industry received orders for the new continuous to bring a touch of warmth to the industry

Since 2009, the container industry in general are at a loss, and the
losses continued to widen. 2009 from January to October, 100
containers a loss of 485 million manufacturing enterprises. Affected
by the impact of slump in demand, most enterprises have ceased
production of basic dry goods box state, the industry is now cool.

Since September 2008 the new ship orders have fallen sharply, and
once there is a global zero-order situation. 2009 7,8 month, a new
global orders for two consecutive months, more than 6 million dwt,
9,10 two-month orders for new ships, although not as optimistic about
the first two months, but still better than the first half of 2009
levels, more than in November 5 million dwt of new orders also
increased the steady recovery in new ship orders in the second half
trend. Received consecutive orders for the new boat receded city of
panic is in the winter for the industry to bring a touch of warmth.
With the current round of development of the peak of the past, the
industry will enter a stable stage of development.

Excess capacity led to the recovery process will be relatively
long. Capacity requirements or will be a longer period of time
remained stable. In 1973 the first oil crisis, GDP growth in 1973 fell
drastically from 6.1% to -0.3% in 1975. From 1977, the ensuing 10
years, the additional capacity to lower demand, the capacity without
significant changes occur. Not until 10 years later, before the
emergence of new capacity requirements, capacity began to rise over
time. The financial crisis, the future capacity of the new demand will
be greatly reduced.

Order to gradually hand delivery to capacity oversupply after
2010. As of the end of November 2009, the global orders for ships
carrying a total of 8267 enterprises, 500 million dwt, down 17.1%.
These orders will be in the next 2-3 years, capacity transit into
reality. Capacity in anticipation of reduced demand, the whole
shipping market faces oversupply in capacity to suppress the demand
for new vessels.