In 2021, the number of new orders received by China shipbuilding industry ranks first in the world, further enhancing the market share of mid-to high-end ship types.

CCTV News:The most authoritative research and analysis institution in shipbuilding and shipping market — — According to the preliminary statistics of Clarkson Research Company on January 2, 2021, the global order volume of new ships was 1,846 ships with a revised gross tonnage of 45.73 million. Among them, China undertook 965 ships with 22.8 million revised gross tonnage, ranking first in the world with nearly 50% market share; South Korea ranks second in the world with a market share of 38%.

Due to the complexity of the ship form, the calculation units reflecting the size of the ship are deadweight ton, gross tonnage and revised gross tonnage, etc., and the revised gross tonnage can better reflect the technical content and construction difficulty of the ship. In 2021, China’s shipbuilding industry once again maintained the world’s first record, indicating that China’s shipbuilding industry has further increased its market share in mid-to high-end ship types.

It is understood that with the surge of shipping freight since 2021, the order volume of container ships has increased by more than 10 times compared with that in 2020, and China has undertaken more than 50% of container ship orders with its strong competitiveness. On the other hand, due to the spread of COVID-19 epidemic and the "super cycle" of shipbuilding industry coming again after a lapse of 10 years, the new ship orders of Korean shipbuilding industry in 2021 were uncharacteristically concentrated in the first half of the year, so it was always ahead of China in terms of order volume, but this situation reversed in September. In September last year, China’s new ship orders reached 1.95 million revised gross tons, exceeding the 910,000 revised gross tons of Korean ship companies, ranking first in the world.