In the first half of 2024, China's shipbuilding completion volume of 25.02 million DWT, an increase of 18.4% year-on-year; the volume of new orders of 54.22 million DWT, an increase of 43.9% year-on-year; as of the end of June, the volume of orders in hand was 171.55 million DWT, an increase of 38.6% year-on-year. The latest data shows that the three indicators accounted for 55%, 74.7% and 58.9% of the world market share respectively.

　　Among the 18 major ship types in the world, China has 14 types of ship types ranking first in the world in terms of new orders.

　　Li Yanqing, secretary-general of China Shipbuilding Industry Association, said that new orders in the first half of this year accounted for nearly 75% of the world, indicating that China's shipbuilding industry can continue to continue a growth trend, which is very good news, reflecting our market capacity.

　　In the first five months of this year, the total profit of China's shipbuilding industry has increased nearly two times year-on-year. from January to May, the country's shipbuilding industry enterprises above designated size realized operating income of 253.24 billion yuan, an increase of 26.3% year-on-year; total profit of 16 billion yuan, an increase of 187.5% year-on-year.

　　In China Shipbuilding Shanghai Waigaoqiao Shipbuilding, the second domestic large cruise ship into the construction of accelerated period, 80% of the ship's structural segments have been completed. In another dock, 7000 box container ship is also accelerating manufacturing. In the first half of this year, Shanghai Waigaoqiao Shipbuilding delivered 12 such ships, creating a record of delivering one ship every two weeks on average.

　　In addition, in the first half of this year, China's shipbuilding industry's hand-held orders, calculated on the basis of the revised gross tons has reached the highest value in nearly 20 years. These orders appear more and more high technology, high difficulty, high value-added ship type.

　　In the first half of this year's data, there is also an obvious change - more and more foreign shipowners put orders to Chinese shipyards. Every 10 new shipbuilding orders worldwide, more than 70% flow to China. In the latest data, there is a new trend is striking, which is the “green ship made in China”. In the first half of this year, China's shipbuilding industry, the international share of new orders for green-powered ships amounted to 71.7%, realizing the full coverage of mainstream ship types.

　　In the first half of 2024, China's shipbuilding data appeared in a new word - “highly prosperous range”. What is the meaning of this range? How will the shipbuilding market change after entering this range?

　　China Shipbuilding Industry Prosperity Index is calculated based on historical data with 2013 as the benchmark of 100 points, and the index is divided into four zones: 140 points and above is “highly prosperous”; 120-140 points is “normal - prosperous”; 100-140 points is “normal - prosperous”; 100-140 points is “normal - prosperous”; 100-140 points is “normal - prosperous”; and 100-140 points is “normal - prosperous”. The index between 120-140 points is “Normal”; between 100-120 points is “Weak - Normal”; below 100 points, the index is “Not Prosperous The index is considered to be “not prosperous” for 100 points or less.

　　This year is after 2012, China's shipbuilding industry boom index for the first time exceeded 140 points, entering the “highly prosperous range”. China's shipbuilding industry once again entered this range, indicating that in the current market conditions, whether it is the enterprise's own production status, order level or profitability level, are in a very satisfactory situation.