Chinese Shipyards Lock In 100 Billion Yuan of Orders Through 2030 as Smart, Green Upgrades Win Buyers
Updated
Updated · People's Daily · Aug 3
Chinese Shipyards Lock In 100 Billion Yuan of Orders Through 2030 as Smart, Green Upgrades Win Buyers
1 articles · Updated · People's Daily · Aug 3
Summary
Nearly 100 billion yuan ($14 billion) of contracts at Guangzhou Shipyard and order backlogs through 2030 at both Guangzhou and Hengli show Chinese yards running at full capacity, with overseas buyers accounting for more than 95% of orders.
2.4 times higher efficiency on Guangzhou's intelligent thin-plate line and AI scheduling that cuts one-to-two weeks of work to two-to-three hours at Hengli have sharpened delivery speed and labor productivity.
10,800-vehicle car carriers and 306,000-tonne VLCCs are helping secure demand: Guangzhou's LNG dual-fuel carrier cuts carbon emissions by more than 30%, while Hengli's newly delivered tankers meet international green standards.
35 vessels cleared in Nansha in the first half, up nearly 30% year on year, as a zero-delay customs model trims about nine hours and more than 800,000 yuan in costs per ship.
The latest orders and deliveries reinforce China's broader shipbuilding edge in advanced, lower-emission vessels, supported by dense industrial clusters, supply-chain depth and cost competitiveness.