New Shipbuilding Order Volume: China: Accumulated Value

Macro

2026-05-16

Description

China's New Shipbuilding Orders (Cumulative Value) is compiled and published by the Ministry of Industry and Information Technology (MIIT) of China. This indicator measures the total value of new ship orders received by Chinese shipyards. It is commonly used to assess the economic conditions of China's shipbuilding industry and the broader industrial sector. Higher volumes of new shipbuilding orders typically reflect strong demand for new vessels and industry prosperity, while lower order volumes may indicate an industry downturn.

The new shipbuilding orders volume is calculated by accumulating the total value of new shipbuilding contracts signed by Chinese shipyards within a specific period. The statistical scope includes orders for tankers, bulk carriers, container ships, and other specialized vessels.

This data is updated monthly, reporting the cumulative value from the beginning of the year to date.

Published by
China Association of the National Shipbuilding Industry (Choice)
Frequency
Monthly
Next Update
Hashtags
China Transportation

AI Data Insight

According to the latest data from DataTrack, China's new shipbuilding orders in the first quarter of 2026 reached an impressive 59.53 million deadweight tons (DWT), approaching half of the 107.82 million DWT recorded for the entire year of 2025, and representing a nearly 94% twofold growth compared to the same period last year. Benefiting from technological advantages in high-end green energy vessels and a surge in hedging demand for oil tankers, Chinese shipyards have captured nearly 85% of global orders, with production schedules fully booked until 2030, firmly establishing their dominant position in maritime equipment manufacturing.

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AI Data Insight

According to the latest data from DataTrack, China's new shipbuilding orders in the first quarter of 2026 reached an impressive 59.53 million deadweight tons (DWT), approaching half of the 107.82 million DWT recorded for the entire year of 2025, and representing a nearly 94% twofold growth compared to the same period last year. Benefiting from technological advantages in high-end green energy vessels and a surge in hedging demand for oil tankers, Chinese shipyards have captured nearly 85% of global orders, with production schedules fully booked until 2030, firmly establishing their dominant position in maritime equipment manufacturing.

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Description

China's New Shipbuilding Orders (Cumulative Value) is compiled and published by the Ministry of Industry and Information Technology (MIIT) of China. This indicator measures the total value of new ship orders received by Chinese shipyards. It is commonly used to assess the economic conditions of China's shipbuilding industry and the broader industrial sector. Higher volumes of new shipbuilding orders typically reflect strong demand for new vessels and industry prosperity, while lower order volumes may indicate an industry downturn.

The new shipbuilding orders volume is calculated by accumulating the total value of new shipbuilding contracts signed by Chinese shipyards within a specific period. The statistical scope includes orders for tankers, bulk carriers, container ships, and other specialized vessels.

This data is updated monthly, reporting the cumulative value from the beginning of the year to date.

Published by
China Association of the National Shipbuilding Industry (Choice)
Frequency
Monthly
Next Update
Hashtags
China Transportation