China has become the core of the green, low‑carbon ship sector as global shipping decarbonization and strict EU rules drive demand; Chinese new green-ship orders have accounted for over 68% of the global market for three consecutive years. Analysts estimate the global ship propulsion market will reach about $39.7 bln by 2026, with Chinese-made engines capturing roughly 43% of that market. Industry forecasts say continued expansion of domestic green-propulsion capacity will boost the internationa

2026-07-27

China has become the core of the green, low‑carbon ship sector as global shipping decarbonization and strict EU rules drive demand; Chinese new green-ship orders have accounted for over 68% of the global market for three consecutive years. Analysts estimate the global ship propulsion market will reach about $39.7 bln by 2026, with Chinese-made engines capturing roughly 43% of that market. Industry forecasts say continued expansion of domestic green-propulsion capacity will boost the international competitiveness of Chinese low‑carbon marine main engines.