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China’s shipbuilding output rises 50.7% in first nine months

China’s shipbuilding output rises 50.7% in first nine months

Chinese shipyards built vessels with a combined deadweight of 58.05 million tonnes in January–September 2026, up 50.7% from the same period a year earlier, the China Association of the National Shipbuilding Industry (CANSI) said.

New ship orders received by Chinese companies reached 175.29 million deadweight tonnes, a year-on-year increase of 163.2%. Their order book stood at 399.13 million deadweight tonnes at the end of September, up 64.8% from a year earlier.

China accounted for 63.6% of global shipbuilding output, 81.8% of new orders and 72.4% of the order book. Chinese shipbuilders also secured more than 74.1% of global new orders for green vessels, 5.7 percentage points more than in the first half of the year.

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