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Chinese shipbuilders bagged the most new orders in 2022

Chinese shipbuilders outpaced two other Asian rivals in the race for most new orders in 2022 with global tally down.
A ship is built at Yantai shipyard in eastern China. | Photo: Tang Ke/AP/Ritzau Scanpix/AP
A ship is built at Yantai shipyard in eastern China. | Photo: Tang Ke/AP/Ritzau Scanpix/AP
by DANIEL LOGAN

China bagged the majority of newbuild orders in 2022 ­ a whopping 49 percent of the global total, or 22.3 million compensated gross tonnage (GCT), South Korean media Yonhap writes.

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