24 August 2026
Chinese Shipyards Hit New Record 49% Market Share in 2022

In 2022, Chinese shipyards reached a market share of 49% and for the first time exceeded the combined market share of Japanese and South Korean shipyards.

In 2022, Chinese shipyards reached a market share of 49% and for the first time exceeded the combined market share of Japanese and South Korean shipyards.

The year 2022 saw an ordering spree for LNG carriers, amid spiking demand for LNG driven by the ongoing geopolitical turbulence in Europe.