China takes nearly 50% of global new ships orders in 2021, data shows

[beijingwalker]

China takes nearly 50% of global new ships orders in 2021, data shows
20:54, 03-Jan-2022
China took nearly 50 percent of the global new orders for ships in 2021 as the biggest shipbuilder, CCTV reported Monday.

According to CCTV, the country's new ships came to 22.8 million compensated gross tonnages (CGTs) in 2021, 49 percent of the global orders; it cited data from Clarkson Research Service.

South Korea was the second-largest shipbuilder, taking 38 percent of the global orders in last year, said the company.

The global new orders for ships came to 45.73 million CGTs last year, the highest since 2014, according to the data provider, despite the shipyards which were open to new orders still decreasing.

Clarkson Research Service predicted that the current global shipbuilding capacity dropped by 40 percent compared to 2008.

China takes nearly 50% of global new ships orders in 2021, data shows

China took nearly 50 percent of the global new orders for ships in 2021 as the biggest shipbuilder, CCTV reported Monday.

news.cgtn.com

 

[retaxis]

This ability allow us to make more aircraft carriers/destroyer and nuclear submarines with ICBMs faster than anyone else

 

[beijingwalker]

Containing China is destined to be a futile effort, US and the west should just give up.

 

[beijingwalker]

China crowns global shipbuilding with 22.8 million CGTs, or 965 ships in 2021

 

[Globenim]

If you'd listen to the biweekly U.S. imperial regime controlled media publications of the past 20 years that you get pushed down you throat by the blatantly manipulated algorithms and censoring filters on U.S. regime affilited and controlled platforms like YouTube once they detect you stumbled over a video like this one about Chinas economy, Chinas shipping industry has already collapsed and imploded hundreds of times. Think they are due for another "independent" China shipping industry collapse "report" in a few days.

 

[Shotgunner51]

Jiangnan launch two new ships from dock #3 today: A 24000 TEU ULCS built for Evergreen Marine Corp (Taiwan), and a 86000 m³ VLGC built for AW Shipping Limited (UK). The next launch will be ... 003?

 

[tower9]

If you'd listen to the biweekly U.S. imperial regime controlled media publications of the past 20 years that you get pushed down you throat by the blatantly manipulated algorithms and censoring filters on U.S. regime affilited and controlled platforms like YouTube once they detect you stumbled over a video like this one about Chinas economy, Chinas shipping industry has already collapsed and imploded hundreds of times. Think they are due for another "independent" China shipping industry collapse "report" in a few days.

China is constantly collapsing upwards.

BTW, how much is Japan's share?

It is crazy that East Asia probably took over 95% of all shipping orders!

 

[SaadH]

This ability allow us to make more aircraft carriers/destroyer and nuclear submarines with ICBMs faster than anyone else

China earns forex for this effort, while "we" collect yet another toy in our already behemoth and expansive military machine, enriching only the fat cats of the MIC from the money taken away from the poor paupers at the bottom.

 

[Shotgunner51]

China is constantly collapsing upwards.

Yes China collapse is happening every Tuesday & Friday, the west should sleep well

BTW, how much is Japan's share?

It is crazy that East Asia probably took over 95% of all shipping orders!

Share of Japan hovers around 10~13% in recent years, lion share of 80~85% is always split between China & South Korea (plus their overseas shipbuilding bases), but competition is still fierce between the three nations especially on tech-intensive ship types e.g. LNGC

 

[tower9]

Yes collapse is part of China's daily life, too bad

Share of Japan hovers around 10~13% in recent years, lion share of 80~85% is always split between China & South Korea (plus their overseas shipbuilding bases), but competition is still fierce between the three nations especially on tech-intensive ship types e.g. LNGC

Well, ten years ago, China wasn't even a player in the LNG category, now it is.