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China shipbuilding industry surges 46% in Q1 2026 as green vessel orders dominate global market - Times Kuwait
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China shipbuilding industry surges 46% in Q1 2026 as green vessel orders dominate global market - Times Kuwait
China’s shipbuilding industry has recorded a strong start to 2026, posting historic first-quarter growth driven by rising global demand and a rapid transition toward green maritime technologies, according to data from the Ministry of Industry and Information Technology. Shipbuilding output reached 15.68 million deadweight tonnes (DWT), marking a 46% year-on-year increase and capturing 57.3% of the global market share. New orders surged dramatica…
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