China accelerates development of clean-energy-powered ships

China announced that it is accelerating the development of ships powered by clean energy. During the first quarter of 2026, it launched a series of green ships fueled by methanol, liquefied natural gas, and electricity. Among these is the largest dual-fuel methanol and traditional fuel container ship, which significantly reduces emissions. In the first quarter, China achieved an 80.2% share of global demand for green ships, accompanied by an increase in its government industrial indicators. Ship exports also rose by 23.7%, reaching a value of $5.56 billion.

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