China claims 71.61% of new shipbuilding orders globally in Q1 2026

Tuesday, 28 April 2026 10:41:02 (GMT+3)   |   Shanghai

In the first three months this year, new shipbuilding orders totaling 17.58 million CGT were placed in the global market, while China attracted 12.39 million CGT, ranking first in the global market, while South Korea claimed 3.75 million CGT, ranking second, accounting for 70 percent and 20 percent shares in the global market, respectively, according to the data issued by Clarksons, the world’s leading provider of integrated shipping services.

In March this year, China attracted 55.76 percent of new shipbuilding orders (2.51 million CGT, 104 ships) globally, ranking first in the global market, while South Korea claimed a 36.73 percent share (1.65 million CGT), ranking second.

In March this year, new shipbuilding orders totaling 4.5 million CGT were placed in the global market, up 41.44 percent year on year, down 31.97 percent month on month.


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