
Chinese Shipyards Double New Order Volume in First Half of 2026
Chinese shipyards doubled new order volume in the first half of 2026, securing 1,131 vessels and about 72% of global market share, according to Clarksons.

Chinese shipyards doubled new order volume in the first half of 2026, securing 1,131 vessels and about 72% of global market share, according to Clarksons.

Global newbuilding orders fell 45% month-on-month in May 2026 to 4.5 million CGT, while China and South Korea together held most of the market, according to Clarksons data.

Clarksons acquires Peru-based Serpac to expand its shipbroking footprint across South America’s west coast, strengthening dry bulk capabilities in Peru and Chile.

The Clarksons Newbuilding Price Index stood at 182.14 at the end of February 2026, only 2.6% above the 2007 level, showing how limited overall new ship price gains have been despite higher yard costs.

Clarkson data cited by Korean media show South Korea back in the low-20% range (about 22%) of global orders in 2025 despite a 37% market decline, led by the Big Three’s selective intake.
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