In-depth | CHINA SHIP NEWS


China’s lacklustre marine diesel industry must power up


Currently, China’s exports of marine diesel engines makes up a relatively small share of its maritime equipment exports and at relatively low prices too. Te industry’s overall standard lags when compared to those of its peers in advanced countries. Zhang Shou Chun reports


the equipment still only accounts for a relatively small share of the total maritime equipment export of the country, which is also sold at a lower than average price. With the industry still relatively small and


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fragmented, lacking design and R&D expertise and high-end capabilty, overall, there is a wide gap between the industry standard in China and that of the advanced countries. Chinese Customs statistics showed


that between January and August 2014, the total value of marine diesel engine imports and exports was US$930 million, up 12.3% period-on-period. Export growth, however, started on a high note and gradually deteriorated. By unit, 38,400 were exported, a leap of 96.1%. However, in terms of export price, a 38.7% drop was recorded. Te total export value grew markedly, but the price drop was also significant. In the eight months, exports of the


equipment generally traded made up 92.8% of the total, an increase of 39.1% in the period, while export prices decreased 28.6%. Exports in the form of Chinese Special Customs Control Areas Logistics Trading showed a 4.9% share of the total, with prices up by 1,138.6%. And, exports via petty trade in the border areas accounted for 1.7% of the total, up 160%, and their price also saw a 36.3% increase compared with a year ago. During the period, the country exported


marine diesels valued at US$69.39 million to 83 countries and regions on six continents, of which 75.7% were to Asia, up 15.7%, but export prices fell 42.3%. Te European market had a 14.1% share, an increase of 32.1% with prices increasing 27.2%. The top 10 export destinations for China-made marine diesel engines


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n recent years, despite the relatively fast development of China’s marine diesel engine industry, exports of


The first China- made marine diesel engine crankshaft – the 5.5m long, 4.4 tonnes MAN14V32 40 – is the work of CSR Ziyang


Locomotive Co., Ltd


were: the Philippines, India, Indonesia, Vietnam, Burma, the Russian Federation, Bangladesh, France, Singapore and Japan. Among them, the first five totalled 54.9% of the total engine exports. In that period, the Philippines, making purchases of US$7.97 million worth, or a 14.1% share, for the first time came first on the top 10 list. While the export volumes to the Philippines grew by 50%, but prices were down 12.5%; India took in a 12.7% share of the total exports with prices increasing 2.5%; Indonesia 10.1%, up 29.8%, with prices down by a marked 89%. In that period, Shandong, Jiangsu and


Zhejiang were the three provinces that exported the most marine diesel engines, 61.9% of the total. Among them, Shandong claimed the largest share at 35.7%, up 50.7% year-on-year, Jiangsu followed right behind claiming a 14.6% share, a 106.9% increase, and Zhejiang was responsible for 11.6% of the total. Between August 2013 and August 2014,


the country saw its marine diesel engine export clearly gathering momentum. Although the shipbuilding market is still in a slump currently, there have been signs that it is heading for a recovery. In the


fourth quarter this year and next year, marine diesel engine exports are expected to remain steady. In the first eight months of 2014,


China imported US$861 million worth of marine diesel engines, 11.7% more when compared to the same period last year, and import prices also increased by 7.4%. Of the total, general trade imports accounted for 16.7%, 5.4% more than in the previous period, at US$144 million, with prices up by 25%. And, original engine manufacturer’s imports amounted to US$69 million, making 8.2% of the total, an increase of 13.1%. In that period, the country imported


marine diesel engines from 18 countries and regions around the world, with Asia responsible for 62.2%, up 8.9%; Europe 25.8%, up 15.3% , and North America 11.9%, up 20.1%. Korea, Japan and Germany were the


three biggest sources of marine diesel engines for China during the period, with Korea supplying 37.8%, 20.3% more at a price 26.5% higher on average; Japan 24.4% at US$21 million with price down 21% and Germany 17.6%, up 97.9%, at US$15.2 million with price rocketing by 118.7%.


The Naval Architect January 2015


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