Ship Power's strategy and Wärtsilä presence in China
Uncertainty ahead?
The fundamentals show risks and
opportunities
•
•
Risks of downturn in global economy are
tangible, also for Chinese economy
High oil prices represent a risk towards
global economic growth, however they
also stimulate investments in exploration
and production for oil and gas
Expansion of emerging economies
(including China) continues to support
growth of demand for transportation of raw
materials and energy
•
Highlights about the present
•
Earnings are at very low levels
Overcapacity continues to cast shadows in
main merchant segments
The future brings interesting challenges!
•
Ship owners base is shifting and increasingly
Chinese
Increasing interest in the market for gas
applications, Chinese yards' interest in gas
fuelled vessels increasing
Increasing focus on energy efficiency and
environmental performance
Increased need for a total performance
approach ship design capabilities are crucial!
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