Posted on 25 Jul 2025
China retained its leading position in the global shipbuilding industry during the first half of 2025, with its output, new orders, and order backlog accounting for 51.7%, 68.3%, and 64.9% of global totals respectively, all measured in deadweight tons (DWT), according to the latest data released by the China Association of the National Shipbuilding Industry (CANSI).
During January-June, Chinese shipbuilders completed vessel output totaling 24.1 million DWT, representing a 3.5% on-year dip. Of this, 89.6% was destined for export markets, CANSI noted.
New orders received by domestic yards over the six months amounted to 44.3 million DWT, down 18.2% on year. Export orders comprised 89.5% of the total.
By the end of June, the order backlog at Chinese shipyards stood at 234.5 million DWT, a sharp increase of 36.7% compared with the same period in 2024. Export orders made up 93.2% of the total backlog, according to the association.
In value terms, China's ship exports during H1 amounted to $24.5 billion, the CANSI data found.
Source:Mysteel Global
