China smashes ship orders record in first half

Splash 24724 Jul 2026Supply chain
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Chinese shipyards booked more new tonnage in the first half of 2026 than during any previous full year, tightening their grip on the global order market. New contracts totalled 121.06m dwt between January and June, up 173.1% year on year and equal to 82.3% of global ordering on a deadweight basis, according to China’s Ministry …