๐ณ๏ธ ๐๐ต๐ถ๐ป๐ฎโ๐ ๐๐ฟ๐ถ๐ฝ ๐ข๐ป ๐๐น๐ผ๐ฏ๐ฎ๐น ๐ฆ๐ต๐ถ๐ฝ๐ฏ๐๐ถ๐น๐ฑ๐ถ๐ป๐ด ๐๐ฎ๐ ๐ฅ๐ฒ๐ฎ๐ฐ๐ต๐ฒ๐ฑ ๐ก๐ฒ๐ ๐๐ถ๐ด๐ต๐ ๐ณ๏ธ
Chinese yards took 81.8% of worldwide new ship orders in the first nine months of 2026, according to Chinaโs Ministry of Industry and Information Technology (MIIT).
Between January and September, Chinese shipyards secured 175.29 million deadweight tonnes (DWT) of new orders, up 163.2% year on year. They also completed 58.05 million DWT of vessels, representing 63.6% of global output.
Chinaโs order backlog reached 399.13 million DWT, up 64.8% year on year and equivalent to 72.4% of the global orderbook. In practical terms, the ships that will enter the global fleet over the next several years are increasingly being built in China.
Chinaโs advantage reflects scale, integrated supply chains, competitive pricing, and strong government-backed industrial support. Seoul Economic Daily notes that Chinese yards have used a low-price, high-volume strategy to expand their share above 50%, while South Koreaโs share has remained in the 10% range.
The momentum is not limited to one vessel type. BIMCO analysis reported that China held 64% of the global orderbook by compensated gross tonnage, compared with South Korea at 19% and Japan at 6%; Chinese yards also controlled about 81% of the global containership orderbook.
A concentrated orderbook shapes future fleet availability, replacement cycles, newbuilding lead times, vessel specifications and the pace at which older, less efficient tonnage is retired.
It also matters for decarbonisation. Chinese yards reportedly secured 74.1% of global orders for alternative-fuel vessels, suggesting that the next generation of greener tonnage will be heavily built in China.
Chinaโs share of new orders rose from 67.3% in the first nine months of 2025 to 81.8% in the same period this year, although it was slightly below its 82.3% share in the first half of 2026.
China is not only the worldโs largest manufacturing and trading base, it is increasingly the place where the vessels carrying that trade are designed, priced and built.
๐ธ and reference https://www.globaltimes.cn/page/202610/1372850.shtml
