Is China’s shipbuilding industry doing well or poorly? Here come the data!
Release time:
2025-12-18
From January to May, the nation’s completed shipbuilding volume totaled 16.43 million deadweight tons, down 28.3% year-on-year. New ship orders received amounted to 19.68 million deadweight tons, up 99.6% year-on-year. As of the end of May, the backlog of ship orders stood at 89.03 million deadweight tons, an increase of 7.5% year-on-year and a rise of 2.1% compared to the end of 2017.
From January to May, the nation’s completed shipbuilding volume totaled 16.43 million deadweight tons, down 28.3% year-on-year. New ship orders received amounted to 19.68 million deadweight tons, up 99.6% year-on-year. As of the end of May, the backlog of ship orders stood at 89.03 million deadweight tons, an increase of 7.5% year-on-year and a rise of 2.1% compared to the end of 2017.
From January to May, the nation completed the construction of 15.48 million deadweight tons of export ships, a year-on-year decrease of 28.2%. New export ship orders reached 18.34 million deadweight tons, up 108% over the same period last year. As of the end of May, the backlog of outstanding export ship orders totaled 80.04 million deadweight tons, representing a year-on-year increase of 1.5%. Export ships accounted for 94.2%, 93.2%, and 89.9% of the nation’s total completed shipbuilding output, new orders received, and orders on hand, respectively.
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