Global Shipyard Orderbook Up 13%, China Dominates

China Tightens Grip on Global Shipbuilding as Order Book Hits Near-Record High

China has further cemented its dominance of global shipbuilding, capturing nearly three-quarters of new orders over the past year as the industry’s order book approaches record levels, according to new...

Global Shipyard Orderbook Up 13%, China Dominates

"On 1 September 2026, the global shipyard order book reached an estimated 203.2m Compensated Gross Tonnage (CGT), up 13% from 180.0m CGT a year earlier,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.This is slightly below the all-time…

BIMCO Shipping Number of the Week - Cyprus Shipping News

Global shipyard order book grows 13%, strengthening China’s lead "On 1 September 2026, the global shipyard order book reached an estimated 203.2m Compensated Gross Tonnage (CGT), up 13% from 180.0m CGT a year earlier,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. This is slightly below the all-time high of 210.4m CGT reached in May

As world shipyard orders grow, China still dominates

Marine news covering shipyards, naval architects, vessel design and construction, shipping trends, cruising, and ferries in the U.S. and international maritime industry.

Global shipbuilding boom moves into overdrive

The global shipbuilding boom is gathering pace, with orderbooks surpassing their previous 2008 peak, Chinese yards tightening their grip on the market and tanker owners increasingly turning to inexperienced builders to secure delivery slots. New figures from BIMCO put the global orderbook at 203.2m compensated gross tonnes (cgt) at the start of September, up 13% …