Name: China takes 81.8% of global ship orders in first nine months
Uploaded: 2026-10-23T13:08:48+08:00
Duration: PT17.24S
Description: China's shipbuilding industry maintained its global lead in the first nine months of 2026, with new orders reaching 175.29 million deadweight tonnes, up 163.2% year on year, according to data released by the Ministry of Industry and Information Technology

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China's shipbuilding industry maintained its global lead in the first nine months of 2026, with new orders reaching 175.29 million deadweight tonnes, up 163.2% year on year, according to data released by the Ministry of Industry and Information Technology on October 23. Shipbuilding output totaled 58.05 million deadweight tonnes, while orders on hand stood at 399.13 million deadweight tonnes. The three indicators accounted for 63.6%, 81.8% and 72.4% of the global market, respectively.

China also accounted for 74.1% of global new orders for green-powered ships. At Hudong-Zhonghua Shipbuilding in Shanghai, the fifth-generation Changheng-series LNG carrier is attracting orders. Each 174,000-cubic-meter vessel can carry enough LNG to meet the needs of 3.3 million households for a month.

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