"Giant seafaring colossus" lining up to sail out, China's shipbuilding industry leading the global market.

date
22/05/2026
In the first quarter of 2026, China's shipbuilding industry continued to lead the world in three key indicators - completed shipbuilding volume, new orders received, and current orders. Among them, new orders increased by 195.2% year-on-year, current orders increased by 43.6% year-on-year, and the order volume accounted for nearly 70% of the world total, with orders at many shipyards scheduled until 2030.