Chinese shipyards dominate market

“In 2022, Chinese shipyards reached a market share of 47% and for the first time exceeded the combined market share of Japanese and South Korean shipyards,” said Niels Rasmussen, chief shipping analyst at BIMCO.

Ships delivered to new owners by Chinese shipyards in 2022 totalled 14.6 million Compensated Gross Tonne (CGT), a measure of shipyard activity, of the 30.8 million CGT delivered globally. The two other main shipbuilding nations, Japan and South Korea, delivered respectively 4.8 and 7.8...

https://container-news.com/chinese-shipyards-dominate-market/

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