China’s ship production rose 19 percent in the first half of the year, while Chinese companies’ orders rose 13.1 percent year on year, according to data from the China National Shipbuilding Industry Association.
According to data released by the China National Shipbuilding Industry Association, China’s total shipbuilding production in the first 6 months of this year was 20.92 million DWT, up 19 percent year on year.
At the end of June, orders from Chinese shipbuilding companies stood at 86.6 million DWT, up 13.1 percent year on year.
In the given period, China’s total ship production accounted for 44.9 percent of the total ship production in the global market.
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