China: Shipbuilders see smooth sailing ahead

AI Summary

China's shipbuilding industry is advancing with increased orders and efforts toward decarbonization, moving up the value chain through technological innovations and localized marine systems. Shipbuilding output in the first half of 2026 reached 36.5 million deadweight tons, a 51.2% increase year-on-year.

As shipowners around the world place more orders and accelerate efforts to decarbonize their fleets, China’s shipbuilding sector is moving further up the value chain, driven by technological breakthroughs and the localization of critical marine systems, said experts and shipbuilders. China’s shipbuilding output reached 36.5 million deadweight tons (DWT) in the first half, up 51.2 ...