Chinese shipbuilders are reporting a sharp increase in new orders and sustained capacity pressure, particularly for LNG carriers. Some delivery positions are already scheduled as late as 2031.
China’s shipbuilding sector continues to expand its orderbook rapidly. Reports published on October 24, 2026, said new orders received by Chinese yards during the first nine months of the year had increased by 163.2% year on year, while the country maintained a dominant position in the global market. Demand has been reported across LNG carriers, merchant ships and car carriers.
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