en.Wedoany.com Reported - According to data released by Clarkson on April 6, the global new ship order volume in March 2026 was 4.06 million compensated gross tons (135 ships), a 31% increase compared to the same period last year (3.10 million cgt) but a 36% decrease compared to the previous month (6.38 million cgt). Amid uncertainties, the new DP2 AHTS, with its superior performance and more environmentally friendly design, is expected to have stronger market competitiveness and higher demand prospects compared to older, lower-specification vessels.

By country, in March, Chinese shipyards secured new orders of 2.15 million cgt (84 ships), capturing a 53% market share and once again taking the top spot; South Korean shipyards secured new orders of 1.59 million cgt (38 ships), with a 39% market share, ranking second. In February of this year, the market shares of Chinese and South Korean shipyards were 80% and 11% respectively. In comparison, the market share gap narrowed significantly in March.

Since April 2025, Chinese shipyards have topped the monthly rankings for 12 consecutive months, demonstrating the strong competitiveness of China's shipbuilding industry.

Data shows that from January to March 2026, the total global new ship order volume was 17.58 million cgt (554 ships), a 40% increase compared to the same period last year (12.53 million cgt). During this period, Chinese shipyards secured orders of 12.39 million cgt (399 ships), accounting for a 70% market share and ranking first, with order volume increasing by 91% year-on-year; South Korean shipyards secured orders of 3.57 million cgt (85 ships), with a 20% market share, ranking second, with order volume increasing by 54% year-on-year.

As of the end of March 2026, the global backlog of new ship orders stood at 189.98 million cgt, an increase of 3.56 million cgt from the previous month. New ship orders continue to show a sustained growth trend.

By country, Chinese shipyards have a backlog of 120.95 million cgt, an increase of 19.35 million cgt compared to the same period last year and an increase of 3.93 million cgt from the previous month, holding a 64% market share and firmly maintaining the top market position; South Korean shipyards have a backlog of 36.35 million cgt, an increase of 540,000 cgt compared to the same period last year but a decrease of 250,000 cgt from the previous month, with a 19% market share, ranking second. This indicates that the order volume gap between the two countries is widening.

As of the end of March 2026, the Clarkson Newbuilding Price Index was 182.07, down 0.07 points from the previous month (182.14), maintaining an overall stable trend. Compared to the level in March 2021 (130.2), it has risen by approximately 40%, indicating that the upward trend in ship prices continues.

By ship type, the newbuilding price for a 174,000 cubic meter large liquefied natural gas (LNG) carrier is approximately $248.5 million, unchanged from the previous month; the newbuilding price for a Very Large Crude Carrier (VLCC) is approximately $129.5 million, an increase of $1 million from February; the newbuilding price for an Ultra Large Container Ship (22,000-24,000 TEU) is approximately $260 million, a decrease of $1 million from February.

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