China's State-owned shipbuilders are expected to enter a high-growth period this year, driven by global markets' soaring demand for high-end and environmentally friendly vessels as well as the recovery of China's marine economy, according to experts and business leaders. China remained the world's leading shipbuilder in the first seven months, with its market share ranking tops globally in output and in new and pending orders. The country's shipbuilding output hit 20.85 million deadweight tons in the January-July period, accounting for 44.4 percent of the world's total, according to Beijing-based China Association of the National Shipbuilding Industry (CANSI). Deadweight is often

Construction has commenced on a 14,000-cubic-meter liquefied natural gas (LNG) bunkering carrier, the first of its kind in the world, the vessel"s design firm Hudong-Zhonghua Shipbuilding (Group) announced on Tuesday. The ship is to be delivered to an LNG company in East China's Anhui province, the new ship also marks the first carrier of its kind designed and built in China. With a length of 130 meters, a molded width of 23.6m and a molded depth of 15m, the ship can transport between the river and the sea. Set to be put into operation in August 2024, the ship has

China"s first homegrown cruise ship conducted a floating on Friday in the shipyard at Shanghai Waigaoqiao Shipbuilding Co Ltd, a milestone step in the vessel's construction before its delivery in September 2023. The floating of the vessel indicates the 135,500-gross-ton Vistaclass vessel is half way through completion, and the ship has officially entered the second-half phase of interior decoration and system debugging. To date, the vessel has finished about 55 percent of its total construction workload. Since its steel sheet cutting ceremony more than two years ago, 60,000 pieces of drawings have been transformed into 675 sections and 74 major