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Review of World Ship and Marine Market in 2024 and Prospect in 2025
ZHOU Yilai, WEI Mei, GAO Jue, ZHU Mingsi
Ship & Boat
2025, 36 (01):
11-26.
DOI: 10.19423/j.cnki.31-1561/u.2024.232
In 2024, the world economy maintained relatively stable growth with increasing economic growth differentiation among different economies. Energy prices and transportation costs have increased due to geopolitical conflicts such as the Red Sea, resulting in significant growth in the transportation market led by container ships. Key indicators of the shipbuilding industry remained on an upward trend. In terms of deadweight tonnage, global new ship orders increased by 65% year-on-year, and China’s share of global new ship orders has expanded to 75%. In the new ship orders, vessels utilizing alternative fuels account for 47%, container ships achieved a year-on-year increase of 121% (in terms of TEUs), oil tankers increased by 48.9%, bulk carriers increased by 22%, and Very Large Amonia Carriers (VLACs) increased by 79.3%. The global orderbook increased by 37.62% year-on-year, with a 2% increase for container ships, a 215% increase for oil tankers, and a 56% increase for bulk carriers. The shipbuilding industry is expected to continually grow in 2025, but with a decreased growth rate, and greening will still be the hot topics.
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