22 Hrs
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الاقتصادية
China Dominates Global Shipbuilding
Official data shows that China is leading the global shipbuilding sector, accounting for 81.8% of worldwide orders during the first nine months of 2026. Chinese shipyards received orders totaling 399.13 million deadweight tons, a 64.8% increase compared to the previous year, representing 72.4% of all global orders. At the same time, they completed the construction of ships with a capacity of over 58 million tons, more than 63% of global deliveries during that period. This dominance is attributed to their competitive capabilities and expansion into environmentally friendly shipbuilding, capturing 74.1% of global orders in this segment. Experts anticipate the market momentum to continue, with increasing orders for mega oil tankers and rising global demand, supported by higher oil prices and the market’s need for fleet replacement.
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