en.Wedoany.com Reported - On May 9, the Ministry of Industry and Information Technology of China released the latest data on the country's shipbuilding industry. In the first quarter of 2026, China's shipbuilding industry continued to lead the globe across its three major indicators, achieving a strong start to the year.

The latest data shows that from January to March 2026, China's shipbuilding completion volume reached 15.68 million deadweight tons, a year-on-year increase of 46.0%, with export ships accounting for 96.1% of the total; new order volume reached 59.53 million deadweight tons, a year-on-year increase of 195.2%; as of the end of March, the orderbook on hand stood at 322.3 million deadweight tons, a year-on-year increase of 43.6%.

Not only do the three major shipbuilding indicators continue to lead the world, but from January to March 2026, China's shipbuilding completion volume, new order volume, and orderbook on hand accounted for 57.3%, 84.9%, and 69.8% of the global market share, respectively. Among the 18 major vessel types globally, China ranked first in the world for new orders in 15 types. In the large vessel sector, China's international market share of orders for Very Large Crude Carriers, Large Car and Truck Carriers, bulk carriers, and large container ships of 10,000 TEU and above all exceeded 90%. Experts predict that China's three major shipbuilding indicators will continue to lead the globe this year.

Improvement in Both Quantity and Quality: China's New Green Ship Orders Exceed 80%

In the first quarter of this year, China's shipbuilding industry also delivered an impressive performance in green transformation. New energy-powered ships using methanol, LNG, and pure electric power were delivered intensively and rolled off production lines in batches. Green technology achieved comprehensive breakthroughs, and the order structure continued to shift towards high-end and low-carbon models.

In the first quarter of this year, China's self-developed "Kun" series 15,000 TEU methanol dual-fuel container ship was successfully delivered, capable of reducing carbon dioxide emissions by approximately 120,000 tons annually; the "Tianshan" large LNG carrier with a capacity of 174,000 cubic meters was delivered, adopting the latest generation dual-fuel system with emissions meeting the world's most stringent standards; the "Chuangxin 19", China's first single methanol-fueled river-sea direct bulk carrier, was delivered, reducing carbon dioxide emissions by 90% and achieving near-zero sulfur oxide emissions. China's green ships exhibit three major characteristics: "full coverage, technological leadership, and batch delivery."

The latest data shows that in the first quarter of 2026, China's international market share of new green ship orders reached 80.2%, with new ship orders covering various dual-fuel vessels and electric ships using LNG, LPG, methanol, and ethane.

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