China takes 77% of global new shipbuilding orders

Chinese shipyards secured 77% of global new shipbuilding orders in January–October 2026, covering 2,238 vessels and 61.36 million CGT. China remained the world’s leading shipbuilding market for the 19th consecutive month, according to Clarksons.

South Korea ranked second, with a 15% share: 296 vessels totaling 11.95 million CGT. At the end of October, Chinese shipbuilders had an orderbook of 156.47 million CGT, or 68% of the global total.