In 2023, the global economic growth rate slowed down from 3.5% in 2022 to 3.1%, but showing significant resilience with accelerating global economic growth differentiation among different economies. With the relaxation of global epidemic control and the increase of geopolitical conflicts, the commodity trade has been disturbed, and the seaborne trade is expected to grow by 2.4% in 2023. The market fundamentals of the shipbuilding industry are stable and positive. The key market indicators maintain growth with a year-on-year increase of 25% in new ship orders and a 12% increase in completed deliveries in terms of deadweight tonnage. Among them, new orders for oil tankers increased by 356.6% year-on-year, and new orders for bulk carriers increased by 33% year-on-year, but container ships and gas carriers fell back. Among the major shipbuilding countries, China’s shipbuilding industry stays ahead with new ship orders accounting for 68% of the global market share. The orders for dual-fuel vessels using alternative fuels continue to grow, accounting for 34% of global orders. The shipbuilding industry is expected to maintain an upward trend in 2024, especially for bulk carriers and oil tankers. The acceleration of the decarbonization process and the development of artificial intelligence technology will also bring opportunities and challenges to the high-quality development of the shipping industry.