From January to December 2024, China’s shipbuilding completion volume was 48.18 million DWT, up 13.8% year on year; From January to December 2024, China’s shipbuilding completion volume of 48.18 million DWT, up 13.8% year-on-year; New orders of China’s shipbuilding industry of 113.05 million DWT, up 58.8% year-on-year; as of the end of December, hand-held order booking volume of 208.72 million DWT, up 49.7% year-on-year.
From January to December, China’s shipbuilding completion volume, new orders received and hand-held orders of China’s shipbuilding industry accounted for 55.7%, 74.1% and 63.1% of the global total in terms of deadweight tons, and 50.3%, 68.2% and 55.4% in terms of compensated gross tonnage (CGT).
In 2024, export ships accounted for 87.4%, 91.5% and 93.1% of the all shipbuilding completion volume, new shipbuilding orders and hand-held orders. China’s ship exports amounted to US$43.38 billion (about RMB 317.45 billion).
