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China Leads The World in Shipbuilding

YANTAI, CHINA - JULY 28, 2023 - A ship is under construction at CIMC Raffles' Shandong Yantai construction base in Yantai city, Shandong province, China, July 28, 2023. From January to June 2023, the three major indicators of China's shipbuilding completions, new orders and hand-held orders were 21.13 million deadweight tons, 37.67 million deadweight tons and 123.77 million deadweight tons, accounting for 49.6%, 72.6% and 53.2% of the world's total, respectively, and 47.3%, 67.2% and 46.8% of the revised total tons. Both ranked first in the world, and China became the only country to achieve comprehensive growth in the three indicators.

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China Leads The World in Shipbuilding

YANTAI, CHINA - JULY 28, 2023 - A decommissioned warship is undergoing transformation at Penglai Zhongbai Jinglu Shipbuilding Co LTD in Yantai, Shandong province, China, July 28, 2023. From January to June 2023, the three major indicators of China's shipbuilding completions, new orders and hand-held orders were 21.13 million deadweight tons, 37.67 million deadweight tons and 123.77 million deadweight tons, accounting for 49.6%, 72.6% and 53.2% of the world's total, respectively, and 47.3%, 67.2% and 46.8% of the revised total tons. Both ranked first in the world, and China became the only country to achieve comprehensive growth in the three indicators.

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China Leads The World in Shipbuilding

YANTAI, CHINA - JULY 28, 2023 - Several semi-submersible drilling platforms are under construction or maintenance at CIMC Raffles' Shandong Yantai construction base in Yantai, Shandong province, China, July 28, 2023. From January to June 2023, the three major indicators of China's shipbuilding completions, new orders and hand-held orders were 21.13 million deadweight tons, 37.67 million deadweight tons and 123.77 million deadweight tons, accounting for 49.6%, 72.6% and 53.2% of the world's total, respectively, and 47.3%, 67.2% and 46.8% of the revised total tons. Both ranked first in the world, and China became the only country to achieve comprehensive growth in the three indicators.

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China Leads The World in Shipbuilding

YANTAI, CHINA - JULY 28, 2023 - Multiple freighters are under construction at Penglai Zhongbai Jinglu Shipping Co., LTD in Yantai, Shandong province, China, July 28, 2023. From January to June 2023, the three major indicators of China's shipbuilding completions, new orders and hand-held orders were 21.13 million deadweight tons, 37.67 million deadweight tons and 123.77 million deadweight tons, accounting for 49.6%, 72.6% and 53.2% of the world's total, respectively, and 47.3%, 67.2% and 46.8% of the revised total tons. Both ranked first in the world, and China became the only country to achieve comprehensive growth in the three indicators.

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Shipbuilding in China

YANTAI, CHINA - JULY 11, 2023 - Multi-type offshore equipment and special ships are under construction or maintenance at CIMC Raffles' Shandong Yantai construction base in Yantai city, Shandong province, China, July 11, 2023. From January to June this year, China's shipbuilding completions, new orders and hand-held orders accounted for 49.6%, 72.6% and 53.2% of the world's total deadweight tons, respectively, and 47.3%, 67.2% and 46.8% of the revised total tons, ranking first in the world.

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Shipbuilding in China

YANTAI, CHINA - JULY 11, 2023 - Multi-type offshore equipment and special ships are under construction or maintenance at CIMC Raffles' Shandong Yantai construction base in Yantai city, Shandong province, China, July 11, 2023. From January to June this year, China's shipbuilding completions, new orders and hand-held orders accounted for 49.6%, 72.6% and 53.2% of the world's total deadweight tons, respectively, and 47.3%, 67.2% and 46.8% of the revised total tons, ranking first in the world.

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Shipbuilding in China

YANTAI, CHINA - JULY 11, 2023 - Multi-type offshore equipment and special ships are under construction or maintenance at CIMC Raffles' Shandong Yantai construction base in Yantai city, Shandong province, China, July 11, 2023. From January to June this year, China's shipbuilding completions, new orders and hand-held orders accounted for 49.6%, 72.6% and 53.2% of the world's total deadweight tons, respectively, and 47.3%, 67.2% and 46.8% of the revised total tons, ranking first in the world.

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Shipbuilding in China

YANTAI, CHINA - JULY 11, 2023 - Multi-type offshore equipment and special ships are under construction or maintenance at CIMC Raffles' Shandong Yantai construction base in Yantai city, Shandong province, China, July 11, 2023. From January to June this year, China's shipbuilding completions, new orders and hand-held orders accounted for 49.6%, 72.6% and 53.2% of the world's total deadweight tons, respectively, and 47.3%, 67.2% and 46.8% of the revised total tons, ranking first in the world.

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Shipbuilding in China

YANTAI, CHINA - JULY 11, 2023 - Multi-type offshore equipment and special ships are under construction or maintenance at CIMC Raffles' Shandong Yantai construction base in Yantai city, Shandong province, China, July 11, 2023. From January to June this year, China's shipbuilding completions, new orders and hand-held orders accounted for 49.6%, 72.6% and 53.2% of the world's total deadweight tons, respectively, and 47.3%, 67.2% and 46.8% of the revised total tons, ranking first in the world.

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Shipbuilding in China

YANTAI, CHINA - JULY 11, 2023 - Multi-type offshore equipment and special ships are under construction or maintenance at CIMC Raffles' Shandong Yantai construction base in Yantai city, Shandong province, China, July 11, 2023. From January to June this year, China's shipbuilding completions, new orders and hand-held orders accounted for 49.6%, 72.6% and 53.2% of the world's total deadweight tons, respectively, and 47.3%, 67.2% and 46.8% of the revised total tons, ranking first in the world.

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Shipbuilding in China

YANTAI, CHINA - JULY 11, 2023 - Multi-type offshore equipment and special ships are under construction or maintenance at CIMC Raffles' Shandong Yantai construction base in Yantai city, Shandong province, China, July 11, 2023. From January to June this year, China's shipbuilding completions, new orders and hand-held orders accounted for 49.6%, 72.6% and 53.2% of the world's total deadweight tons, respectively, and 47.3%, 67.2% and 46.8% of the revised total tons, ranking first in the world.

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Shipbuilding in China

YANTAI, CHINA - JULY 11, 2023 - Multi-type offshore equipment and special ships are under construction or maintenance at CIMC Raffles' Shandong Yantai construction base in Yantai city, Shandong province, China, July 11, 2023. From January to June this year, China's shipbuilding completions, new orders and hand-held orders accounted for 49.6%, 72.6% and 53.2% of the world's total deadweight tons, respectively, and 47.3%, 67.2% and 46.8% of the revised total tons, ranking first in the world.

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Shipbuilding in China

YANTAI, CHINA - JULY 11, 2023 - Multi-type offshore equipment and special ships are under construction or maintenance at CIMC Raffles' Shandong Yantai construction base in Yantai city, Shandong province, China, July 11, 2023. From January to June this year, China's shipbuilding completions, new orders and hand-held orders accounted for 49.6%, 72.6% and 53.2% of the world's total deadweight tons, respectively, and 47.3%, 67.2% and 46.8% of the revised total tons, ranking first in the world.

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Shipbuilding in China

YANTAI, CHINA - JULY 11, 2023 - Multi-type offshore equipment and special ships are under construction or maintenance at CIMC Raffles' Shandong Yantai construction base in Yantai city, Shandong province, China, July 11, 2023. From January to June this year, China's shipbuilding completions, new orders and hand-held orders accounted for 49.6%, 72.6% and 53.2% of the world's total deadweight tons, respectively, and 47.3%, 67.2% and 46.8% of the revised total tons, ranking first in the world.

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China Shipbuilding Industry

YANTAI, CHINA - MAY 19, 2023 - A semi-submersible heavy transport ship loaded with sections of large oil tankers prepares to set sail at a shipbuilding enterprise in the Huang-Bohai New Area in Yantai, East China's Shandong province, May 19, 2023. On May 17, 2023, data released by China Shipbuilding Industry Association showed that from January to April, 2023, the country completed 12.8 million deadweight tons of shipbuilding, a year-on-year growth of 9.3%. In the first four months, China's shipbuilding completions, new orders and hand-held orders accounted for 44.9 percent, 65.5 percent and 51.3 percent of the global market, respectively.

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China Shipbuilding Industry

YANTAI, CHINA - MAY 19, 2023 - A semi-submersible heavy transport ship loaded with sections of large oil tankers prepares to set sail at a shipbuilding enterprise in the Huang-Bohai New Area in Yantai, East China's Shandong province, May 19, 2023. On May 17, 2023, data released by China Shipbuilding Industry Association showed that from January to April, 2023, the country completed 12.8 million deadweight tons of shipbuilding, a year-on-year growth of 9.3%. In the first four months, China's shipbuilding completions, new orders and hand-held orders accounted for 44.9 percent, 65.5 percent and 51.3 percent of the global market, respectively.

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China Shipbuilding Industry

YANTAI, CHINA - MAY 19, 2023 - A semi-submersible heavy transport ship loaded with sections of large oil tankers prepares to set sail at a shipbuilding enterprise in the Huang-Bohai New Area in Yantai, East China's Shandong province, May 19, 2023. On May 17, 2023, data released by China Shipbuilding Industry Association showed that from January to April, 2023, the country completed 12.8 million deadweight tons of shipbuilding, a year-on-year growth of 9.3%. In the first four months, China's shipbuilding completions, new orders and hand-held orders accounted for 44.9 percent, 65.5 percent and 51.3 percent of the global market, respectively.

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China Shipbuilding Industry

YANTAI, CHINA - MAY 19, 2023 - A semi-submersible heavy transport ship loaded with sections of large oil tankers prepares to set sail at a shipbuilding enterprise in the Huang-Bohai New Area in Yantai, East China's Shandong province, May 19, 2023. On May 17, 2023, data released by China Shipbuilding Industry Association showed that from January to April, 2023, the country completed 12.8 million deadweight tons of shipbuilding, a year-on-year growth of 9.3%. In the first four months, China's shipbuilding completions, new orders and hand-held orders accounted for 44.9 percent, 65.5 percent and 51.3 percent of the global market, respectively.

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China Shipbuilding Industry

YANTAI, CHINA - MAY 19, 2023 - A semi-submersible heavy transport ship loaded with sections of large oil tankers prepares to set sail at a shipbuilding enterprise in the Huang-Bohai New Area in Yantai, East China's Shandong province, May 19, 2023. On May 17, 2023, data released by China Shipbuilding Industry Association showed that from January to April, 2023, the country completed 12.8 million deadweight tons of shipbuilding, a year-on-year growth of 9.3%. In the first four months, China's shipbuilding completions, new orders and hand-held orders accounted for 44.9 percent, 65.5 percent and 51.3 percent of the global market, respectively.

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China Shipbuilding Industry

YANTAI, CHINA - MAY 19, 2023 - A semi-submersible heavy transport ship loaded with sections of large oil tankers prepares to set sail at a shipbuilding enterprise in the Huang-Bohai New Area in Yantai, East China's Shandong province, May 19, 2023. On May 17, 2023, data released by China Shipbuilding Industry Association showed that from January to April, 2023, the country completed 12.8 million deadweight tons of shipbuilding, a year-on-year growth of 9.3%. In the first four months, China's shipbuilding completions, new orders and hand-held orders accounted for 44.9 percent, 65.5 percent and 51.3 percent of the global market, respectively.