Dalian Shipbuilding Heavy Industry Group, a key player under China State Shipbuilding Corporation (CSSC), has made remarkable progress in ship production. Initially, the company aimed to build 30 ships annually, with plans to improve efficiency and explore new potential. In reality, they produced six more ships than planned. Each vessel was valued at $80 million, and this year alone, the company generated over $500 million in revenue. This growth reflects the company's strong performance and strategic development.
Dalian Shipbuilding is just one example of CSSC’s broader transformation in modern shipbuilding. With the adoption of digital shipbuilding methods, the industry has seen shorter production cycles, higher efficiency, and increased profitability. Over the past six years, CSSC’s main economic indicators—such as total assets, revenue, and profit—have quadrupled, setting a new benchmark for China’s equipment manufacturing sector.
In terms of design innovation, offshore Floating Production Storage and Offloading (FPSO) units have become a crucial part of China’s maritime industry. These vessels integrate oil processing, power generation, storage, and transportation, making them high-value, high-tech, and high-risk projects. Over the last two decades, China has developed FPSOs that range from small to ultra-large sizes, capable of operating in deep seas and harsh conditions. The country now leads globally in both design and construction capabilities.
The successful development of FPSOs highlights CSSC’s commitment to independent innovation and scientific progress. Through optimized designs and international expansion, the company has achieved large-scale, batch production. More than 70% of the ships built by CSSC are exported, mostly to well-known international shipowners.
CSIC has secured major orders for large vessels, including 388,000-ton ore carriers, 320,000-ton super tankers, 180,000-ton bulk carriers, 6,600 TEU container ships, and 230,000-ton FPSOs. The average tonnage per ship has risen from 65,000 tons to 108,000 tons, showing a clear trend toward larger, more complex projects.
Production management has also undergone significant digital transformation. Modular and specialized production has made shipbuilding more efficient, akin to automotive assembly lines. As a result, the time it takes to open a dry dock has decreased from two months to once a month. Through research and application of modern shipbuilding techniques, CSSC has improved production organization, streamlined processes, and enhanced efficiency. Shipbuilding cycle times are now close to world-leading standards.
In addition to ship design and production, CSSC has made great strides in supporting industries. Recently, a massive 10-meter-diameter propeller weighing 98 tons was successfully developed in Dalian, enhancing the power systems of Chinese ships. The company has also advanced the localization of marine machinery, such as deck equipment and engine parts. This not only improves the competitiveness of China’s shipbuilding industry but also increases overall profitability.
CSSC continues to invest in R&D and technological innovation, securing its position in global market competition. While expanding its core shipbuilding business, the company has also grown its supporting industries, leading to a more balanced and competitive product structure. With these developments, CSSC is solidifying its leadership in the global maritime industry.
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