Marine engineering maintain high sentiment

Industry in shandong province and Qingdao city government department management, ship and Marine engineering equipment industry is together, generally referred to as the ship Marine equipment industry, the industry is clearly share some, in fact, today's bleak in the shipbuilding industry, Marine engineering enterprises are reluctant to link and 90 degree pipe fitting long radius elbow shipbuilding, shipping companies have to make special ships or high value-added Marine engineering equipment.Cimc raffles and is located in yantai factory plugin with two company name: yantai cimc raffles and Marine engineering co., LTD., yantai raffles ship industry co., LTD. "In fact we do not make the traditional ship, mainly for high-end Marine engineering equipment, such as semi-submersible drilling platform, jack-up drilling platform, shipbuilding and special purpose ships, such as floating production, storage vessel, floating crane, laying ship, etc." Yantai cimc raffles and Su Fei Marine carbon steel seamless eccentric reducer engineering co., LTD. My manager said that if the shipbuilding and Marine engineering equipment do distinguish between industry, the company belongs to pure offshore companies.

Cimc raffles and is a typical ship companies transition from shipbuilding industry equipment to the sea, a former Singapore holding company, in 2008, cimc group (000039, shares) acquisition of yantai raffles and, the company has been working to the sea.Marine equipment ASTM A106 seamless carbon steel tube industry for nearly five years high speed development, cimc raffles and holding a semi-submersible platform orders at present in the world the top five, seven and a half of China's foreign export delivery dive platform project, cimc raffles and six. Export platform is basic in Norway's north sea oil production.

"One and a half submerged platform value of around $500 million, is still in the industry incubation periods, rig order amount is large, but the profit margin is limited." Cimc raffles and company, semi-submersible drilling platform manufacturing cycle is more than three years, error rate, the rate of rework, problems still remain to be resolved, such as welding, parts procurement error-prone link also needs to experience several platform manufacturing cycle to control the cost, the profit is not obvious, is still in the stage of a foothold to participate in market competition.

Due to have a pull effect on industrial upgrading, the local government to support Marine engineering enterprises. Cimc raffles and a drilling rig is only 30000 tons of steel, 60000 accessories, from a global purchasing more than 2000 enterprises, which contains more than 600 local supporting enterprises in shandong province.As the colour is one of the most obvious industry globalization, observe the shipbuilding industry, Marine engineering equipment industry booming trend to be standing in the global market. Northeast securities Wu Jiangtao analysis said that several years China's shipbuilding industry, structural overcapacity situation difficult to change its self-sufficiency rate of form a complete set is too low, the developed countries in the industrial chain of high-end shipping form a complete set of manufacturing, and controls the design industry, the short term there is no transfer, the basis of China ship enterprises in the stage of low profit margins will linger for a period of time, but the opportunity is coming; Traditional shipping market demand fell sharply, but high oil prices for oil and gas exploration, mining and other fields with greatly increased investment, orders for Marine engineering equipment enterprises can largely hedge new ship orders fell.