Newbuilding orders at Chinese shipyards up 43% in H1

In the first half of 2024, Chinese shipbuilding yards received an impressive 55.22 million dwt of newbuilding orders, marking a significant 43.9% year-on-year increase. This surge was largely driven by a high volume of tanker orders, including VLCCs, and a notable resurgence in container ship orders. The influx of new contracts has boosted the total … Continue reading Newbuilding orders at Chinese shipyards up 43% in H1