China is now building half of the world's newbuilds

According to shipbroker Clarksons, 10% more ships were built in 2023 than the year before. Half of these were Chinese.
Photo: Daewoo Shipbuilding & Marine Engineering
Photo: Daewoo Shipbuilding & Marine Engineering

In 2023, 50% of the world’s newbuildings are made in China, says British shipbroker Clarksons in an annual report.

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