Business · Trade · 3 hrs ago
China wins 81.8% of global new ship orders in first nine months of 2026
China’s shipbuilding industry secured 81.8% of global new orders from January to September 2026.
The figures, released by China’s Ministry of Industry and Information Technology, show China led the world in shipbuilding completions, new orders and orders on hand.
Chinese shipyards completed vessels totaling 58.05 million deadweight tons, up 50.7% from the same period a year earlier.
New orders reached 175.29 million deadweight tons, while the backlog stood at 399.13 million deadweight tons at the end of September.
China’s share of completed ships was 63.6%, and its share of orders on hand was 72.4%.
Green-powered ships made up 74.1% of global new orders in that category, a 5.7-percentage-point rise from January to June.
The figures show China’s strong position in the global shipbuilding market and its growing share of orders for cleaner-powered vessels.
China received 81.8% of global new ship orders by tonnage in the first nine months of 2026.
The country’s shipbuilding industry led the world in completions, new orders and orders on hand.
China completed 58.05 million deadweight tonnes of ships, up 50.7% year on year.
New orders reached 175.29 million deadweight tonnes, an increase of 163.2%.
Orders on hand stood at 399.13 million deadweight tonnes at the end of September, up 64.8%.
China’s share of international orders for green-powered ships was 74.1%.
- Who
- China’s shipbuilding industry.
- What
- China accounted for 81.8% of global new ship orders by tonnage. It also led the world in ship completions and orders on hand.
- When
- January to September 2026; orders on hand were measured at the end of September.
- Where
- China and the global shipbuilding market.
- Why
- Not stated.
This story does not have two clearly opposing sides.
China completed 58.05 million deadweight tonnes of ships and received 175.29 million deadweight tonnes of new orders.
China’s orders on hand reached 399.13 million deadweight tonnes.
- Share of global new orders
- 81.8%
- Ship completions
- 58.05 million deadweight tonnes
- New orders
- 175.29 million deadweight tonnes
- Orders on hand at end of September
- 399.13 million deadweight tonnes
- Green-powered ship orders
- 74.1% of the international market