China Aims to Dominate the Green Shipbuilding Market

Already a major player in global shipbuilding, China is aiming to ‘dominate’ the green shipbuilding market. That’s according to a new seven-year plan issued by China’s industrial and economic regulators. 

China’s Ministry of Industry and Information Technology (MIIT) sees the ‘green shipbuilding’ market as the next avenue through which the nation’s shipbuilding industry can further grow (China currently builds approximately half the world’s merchant tonnage). 

To this end, MIIT has set some ambitious targets for the Chinese shipbuilding industry to meet by 2025. These targets include:

• Developing better supply chain solutions for green shipbuilding. 
• Securing a faster pace of adoption for alternative fuel ships.
• Achieve a 50 percent share of the global market for LNG and methanol-fuelled newbuilds. 
• Accelerate R&D on methanol and ammonia-powered propulsion, liquid hydrogen carriers, and the development of fuel cell power.

MIIT is also expecting Chinese shipbuilders to cut both their carbon emissions and energy intensity. The agency also expects to leverage digital solutions such as Artificial Intelligence to open up more efficiency gains during the fabrication and construction process.

Looking to the end of the vessel lifecycle, MIIT wants to promote industrialised shipbreaking in drydock and slipway facilities.

Maritime consultancy services in China

If you’re engaged in a shipbuilding project in China, then Brookes Bell is on hand to help. 

From our dedicated office in Shanghai we can provide a range of support including marine engineering, paint and coatings consultancy and more. 

Plus, as part of the wider Brookes Bell group we can draw upon expertise as varied as naval architecture, metallurgy, tribology, cargo science and superyacht consultancy.

Speak to the Brookes Bell team in China today

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