May24 , 2026

    China Holds 66.8 % of Global Orderbook as Shipping Demand Soars

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    China’s shipbuilding industry widened its grip on the global market in 2025, posting double-digit growth in completions and a record pipeline of future work, according to figures released by the Ministry of Industry and Information Technology.

    Shipyards delivered 53.69m dwt over the year, up 11.4% from 2024 and equal to 56.1% of worldwide output by tonnage.

    Newbuilding contracts reached 107.82m dwt, capturing 69% of the global market.

    Outstanding orders climbed to 274.42m dwt by the end of December, a 31.5% year-on-year increase and 66.8% of the world orderbook.

    The data mark the 16th consecutive year China has led all three core shipbuilding indicators.

    The Ministry of Industry and Information Technology of the People’s Republic of China is a central government department under the State Council responsible for industrial policy, sector regulation and the development of manufacturing and technology industries, with regulatory frameworks and institutional information published through official government channels.

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