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Aug 21, 2023

China surpasses Greece and becomes the world's largest shipowner

Time: 2023-08-21   Source: CCTV.com


China surpasses Greece and becomes the world's largest shipowner. Advanced manufacturing supports the rapid growth of China's fleet.


The latest data shows that from January to July this year , China's shipbuilding industry ranked first in the world in three major indicators, continuing to lead the world. At the same time, the fleet size held by Chinese shipowners reached 249.2 million gross tons, surpassing Greece for the first time to become the world's largest shipowner.


From January to July 2023 , China's shipbuilding completion volume was 24.09 million deadweight tons, a year-on-year increase of 15.6 % ; the number of new orders received was 44.76 million deadweight tons, a year-on-year increase of 74% ; the number of orders on hand was 127.9 million deadweight tons, a year-on-year increase of 23.4% . Not only do the three major indicators rank first in the world, but the added value of the ship types on orders received is also getting higher and higher.


This year, China State Shipbuilding Corporation’s completed and delivered ships accounted for 18.6% of the world’s total , ranking first among global shipbuilding companies. A number of high -end ship types, including the world's largest ultra-large container ship, an 80,000 -square-meter river-sea intermodal LNG ship, and the world's first M350 offshore floating storage and offloading oil tanker, were successfully delivered.


Author Sinostar




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