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2025
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Our country's shipbuilding companies have delivered impressive annual performance reports.
In 2024, China's shipbuilding companies orderly advanced their production plans, successfully completing their annual goals, with many companies delivering impressive results!
Hudong Zhonghua deeply promotes the LNG capacity doubling strategy.
Hudong Zhonghua delivered 21 ships, undertook 51 ships, and exceeded the delivery of 3 ships.LNG shipsachieved a brilliant performance, realizing the dual growth targets of efficiency and effectiveness for 2024.The company deeply promotes the LNG capacity doubling strategy. By using a semi-sequential construction mode with four ships in parallel in the dock, it achieves standardized and normalized batch construction of LNG ships, delivering 8 LNG ships within the year, setting a record in China.
Beihai Shipbuilding exceeded its annual tasks.
Beihai Shipbuilding achieved the annual delivery of 21 ships, with a completion of over 3.2 million deadweight tons, reaching a historical new height and creating a new historical record. The company's new ship orders have exceeded 10 billion yuan for two consecutive years, and the total deadweight tonnage of annual orders continues to reach new highs. The company currently holds over 60 shipbuilding orders, with new energy-powered ship orders accounting for over 90% of the total orders.
Waigaoqiao Shipbuilding achieved excellent results in production and operation.
Waigaoqiao Shipbuilding delivered 24 ships/2.591 million deadweight tons, exceeding the production of 2 additional cargo ships, setting a new high in recent years, and exceeding the annual production and operation tasks. In 2024, Waigaoqiao Shipbuilding became the first shipbuilding company in China to exceed a total completion of 10 million deadweight tons.
Zhoushan COSCO Shipping Heavy Industry operates steadily.
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Zhoushan COSCO Shipping Heavy Industry completed repair and modification tasks for over 240 ships from more than 90 global shipping customers, including MSC, ENESEL, and CMA CGM, achieving a 100% on-time delivery rate for ships, with a significant year-on-year increase of 22.8% in single ship output value, and steadily rising business volume. The company achieved a 100% on-time completion rate for major milestones in shipbuilding and a 100% on-time delivery rate for completed projects, with 15 ships completed/delivered. The company secured 15 new shipbuilding orders, totaling 1.32 million deadweight tons. Currently, there are 36 shipbuilding orders on hand, with a total deadweight tonnage exceeding 2.6 million, and production tasks scheduled until 2028.
Xiamen Shipbuilding Heavy Industry exceeded its annual plan.
Xiamen Shipbuilding Heavy Industry exceeded its annual industrial output value plan by 103.3%, with total profits nearing historical highs. Six new ships were started, seven ships were launched/docked, eight ships were launched/out of the dock, and nine ships were delivered, successfully securing nearly 20 ship orders, with a significant increase in new ship orders.
(Source: Various company news, organized by China Shipbuilding Association)
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