South Korea’s Chosun Ilbo reports China’s rapid shipyard expansion and rising smart-yard investments, widening the gap with Korea and raising concerns about shipbuilding oversupply after 2028.
China advances its clean-fuel shipbuilding program as Huangpu Wenchong begins steel cutting for a 41,000m³ ammonia dual-fuel LPG/liquid ammonia carrier, marking a major step toward low-carbon gas-carrier development.
China’s shipbuilding sector faces a sharp 73% drop in new orders as global demand slows and U.S. restrictions tighten, while South Korea expands its market share in high-value vessels.
The Indian Register of Shipping (IRS) has confirmed the delivery of the deck cargo ship HAITENG 007, built at Qidong Jisheng Shipbuilding Co., Ltd. in China and sailing under the Panama flag.
China continues to dominate global shipbuilding despite new U.S. port fees, according to a CSIS report. The analysis highlights that Chinese shipyards account for over half of new vessel orders in 2025, underscoring Beijing’s resilience against Washington’s trade measures.
Beijing has combined CSSC and CSIC into a single shipbuilding giant, consolidating commercial and naval capacity with an orderbook of 530 vessels worth 54 million DWT.
