Marintec China Indicates Growth

 

The two years since the last Marintec China event have not been the easiest for the Chinese maritime industries or the world of shipping in general.  It is Asia’s largest maritime event it is also the second largest in the world.

 

UBM Asia, organisers of the show,  focus on  the 21st-Century Maritime Silk Roadand surrounding business opportunities at the Marintec China 2015 Senior Maritime Forum. 

 

China's planned 21st Century Maritime Silk Road connects ports in China to those in Southeast Asia, South Asia, Africa, the Middle East and Europe, including Venice. This famous Italian city featured as a trading port on the ancient Silk Road.

 

Organisers of Marintec China presented  the Comprehensive “State of China Shipyard and Marine Equipment Industries 2015” - excerpt of the study’s shipyard/shipbuilding section notes: “The shift in the product mix towards offshore could be clearly seen in which sectors of shipping respondents saw the most demand for newbuildings. In terms of where demand was for newbuildings, 41% said offshore support vessels, while 36% said offshore rigs….”

 

“Marintec China had wanted to field such a study for some time now and after UBM’s acquisition of Seatrade Global, partners who we had already been working with for years, we now became an extension of each other’s teams making this type collaboration more fluid and possible” says Marintec China Event Director Stella Fung. 

 

“Our intent is to make available this information prior to Marintec China 2015 so that international audiences can make the best use of business opportunities they might not be fully aware. For example, it is common understanding that the fluctuations in oil prices has affected activities for the offshore sector, however many suppliers or potential suppliers of shipbuilding may not be aware as to how far the extent and demand is today for eco-ship building,” Stella said.