New Breakthroughs in China's Ship Industry

New Breakthroughs in the Genie Ship Industry
New Breakthroughs in China's Ship Industry

In the first quarter of this year, the functioning of China's shipping industry stabilized and many indicators ranked first in the world. New strides have been made in bringing the shipping industry to high levels and ensuring green transformation.

According to statistics, in the first quarter, China's shipbuilding reached 9,17 million dead tons, and new orders were 53 million dead tons, up 15,18 percent year on year.

Among the 2022 largest ship types in the world in 18, China ranked first in the world in terms of new orders for 12 ship types. China's first domestic large-scale cruise ship project is 91 percent complete and is expected to be delivered by the end of this year.

According to the information received, China State Shipbuilding Group (CSSC) signed a cooperation agreement with the French-based global container carrier company CMA-CGM. The RMB 21 billion deal includes the construction of 16 ultra-large container ships.

On the other hand, the quality of ship orders has improved significantly and green development has increased rapidly. Green-energy ships account for about 2022 percent of China's new orders since 50.