China’s shipbuilding industry sees stellar growth in first 6 months, with new orders growing 173.1%

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China’s shipbuilding industry experienced significant growth in the first half of 2026, with new orders increasing by 173.1% and output rising by 51.2% year-on-year. This growth solidifies China’s dominant position in the global shipbuilding market according to data from the Ministry of Industry and Information Technology.

China’s shipbuilding industry posted strong growth in the first half of 2026, maintaining a leading share of the global ship market, data from the Ministry of Industry and Information Technology (MIIT) showed on Thursday. From January to June, the country’s shipbuilding output reached 36.50 million deadweight tons (DWT), up 51.2 percent year-on-year and accounting for ...