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| Published：2021.07.11 News Sources：Qingdao Gute Ship Supplies Co., Ltd. Views： | |||
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Taiwan ships will seek merchant orders plan to build its own fleet
The company pointed out that since the global financial crisis in 2008, affected by the downturn in the shipping industry, it has encountered many challenges and difficulties, and suffered losses for years. It completed the capital increase plan of 450 million shares at the beginning of this year, and then achieved profits for five consecutive months, showing a new dawn in its operation. Ship Zheng Wenlong chairman said, Taiwan has been a period of time a ship by container ships and bulk orders, mainly because of the past few years the new ship cost is too low, orders will be a loss, and in the fourth quarter of last year began to ship price rise apparently, a ship so decided to seize this opportunity to gain good order, and also consider like Japan today for shipbuilding, self-built lease or sale of the ship. Currently, Taizhou Shipbuilding has received orders amounting to NT $84.3 billion (about 19.537 billion yuan). Its main business types include merchant ships, Taizhou Shipbuilding and offshore wind power, etc. According to the construction plan, all businesses will be delivered as scheduled and if quality is delivered, Taizhou Shipbuilding will continue to strive for profitable new businesses. Zheng Wenlong pointed out that four to five years ago, more than 90% of the business of Taiwan's ships was merchant ships. Under the diversification transformation, Taiwan's shipbuilding and offshore wind power business now accounts for 60 to 70 percent. In the merchant shipping field, Taiwan Shipbuilding said that with the gradual recovery of the shipping market since last year, the order volume of new ships has increased significantly, but the current shipbuilding price is relatively slow to recover. Facing the future market, Taiwan Shipbuilding will fight for potential business, mainly considering the construction of 100,000-200,000 tons of bulk carriers, 1800-2800TEU, 5000-7000TEU container ships. And desulfurization device refit and other businesses. In terms of ship business, Taiwan-based ships are currently holding 27 orders, and the revenue of ship business has increased from only 11% in 2018 to 60% last year. As well as securing orders for new ships, Taiwan Shipbuilding will also promote the development of the repair business, which will allow a ship to be built for a full life span of 20 years. It will also set up another subsidiary this year to produce large energy storage units. Offshore wind, a ship underwater pile products are being delivered and continue to strive for new orders, also by Taiwan ships surrounded by responsible for transportation and installation (T&I) to large turn-key project (BoP) business, and for Taiwan's offshore wind market provides international Marine engineering services, subsidiary units ship corrosion also efforts to develop offshore wind power industry anticorrosive engineering business. In the first quarter of this year, Taiwan Ship's net profit after tax was about NT $34 million (about RMB 7.819 million), turning into a profit in the single quarter, and entering a positive development. In the first five months of the year, although the revenue decreased by about 20%, Taizhou Shipbuilding made steady profits, mainly because the gross profit rate of Taizhou Shipbuilding business was about 10%, which was better than that of Merchant Shipping. In May, Taizhou Shipbuilding made operating profit of NT $28.94 million and pre-tax profit of NT $48.3 million, which was about RMB 67.07 billion. Taishuan stressed that the company has shown results in many years of restructuring layout and adjusting operation policy. The three major businesses have grown steadily and continued to create new businesses. Taishuan has planned the business development vision for the next 10 years, and is heading steadily to the future. |
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