A number of favorable policies have made the offshore engineering equipment industry "spring-spirited." From January to April, the total output value of China's marine equipment industry increased by 9.6% year-on-year; the export delivery value was 590 million yuan, an increase of 44.3% year-on-year. With the increasing emphasis on continental shelf resources by countries around the world, the marine equipment manufacturing industry has entered a golden period of development. In particular, the development prospects of offshore oil and gas exploration and exploitation equipment are very promising. In 2011, the global orders for marine equipment market amounted to US$69 billion, setting a record high. In recent years, the export situation of marine equipment such as automatic drilling platforms and semi-submersible platforms has been gratifying.
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