Ministry of Natural Resources data on Aug. 3 show China’s 1H seagoing ship new
contracts, completions and orderbook rose 105.2% YoY, 34.8% and 37.1%
respectively; China accounted for 73.9% of global new orders, 55.4% of
completions and 63.3% of backlog. Deliveries included more than 40 large vessels
— including container ships above 10,000 TEU, ultra-large crude carriers and
large LNG carriers. Shipyards report full production schedules, with some orders
pushed into 2029 and beyond. High-end deliveries included the world’s first
10,800-car LNG dual-fuel car carrier, the world’s first 24,000-TEU methanol
dual-fuel container ship and China’s first 740-TEU pure-electric smart container
ship, signalling steady improvement in high-end shipbuilding supply capacity.
