China maintained its leading position in the global shipbuilding market, demonstrating strong growth in production and new orders in the first 10 months of 2023.
China has maintained its leading position in the global shipbuilding market in the first 10 months of 2023, exhibiting strong growth in both production and new orders.
According to the data of the China National Shipbuilding Industry Association, the country’s shipbuilding production reached 34.56 million deadweight tons (dwt) in the January-October period, an increase of 12 percent compared to the same period last year, and constituted 49.7 percent of the world total.
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