国有船东的订单变化

Changing patterns in state investment

当传统航运公司造船需求处于低迷的时候，这也许是更多的新兴国有船东寻求扩张的机会。

Chinese state-owned companies are a key part of the country's economy,and state-owned shipping companies are no exception.In February this report considered how these traditional ship owners have ordered less in recent years,but much of the contracting slack has now been taken up by stateowned enterprises from other fields.But how has this altered Chinese demand for different ship types? The Graph of the Month shows the number of contracts(871) ordered by Chinese state-owned companies between 2005 and Q1 2012.The bars on the graph are divided into traditional shipping companies(blue) and 'new entrants'(red).In addition to the state-owned contracting shown on the graph,private Chinese companies placed 824 further orders in 2005~2012.