China Maintains Global Lead in Shipbuilding in First Half of 2025

accounting for 51.7% of global output despite a slight year-on-year decrease. New orders totaled 44.33 million DWT, representing 68.3% of the global share, while the orderbook at the end of June reached 234.54 million DWT, a significant 36.7% increase from the previous year. Market share by compensated gross tonnage (CGT) also remained strong across output, new orders, and orderbook. Despite some volatility in new order volumes, China continues to lead the shipbuilding industry worldwide, excelling in both production capacity and technological innovation.