Cooperation Driving Transformation In The Shipping Industry

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The shipbuilding industry plays a crucial role in the global maritime industry, particularly in the areas of green transition, shipping decarbonization, digitalization, intelligence, and sustainable development.

To achieve the transformation and development of the maritime industry, the active involvement of the shipbuilding industry is essential.

Be a reliable partner

China’s shipbuilding industry has experienced rapid development and is now recognized for its high quality. China has become the world’s largest shipbuilding country, with three major shipbuilding clusters in the Yangtze River Delta, Bohai Rim, and Pearl River Delta, as well as a robust global supply chain.

In the first three quarters of this year, China’s shipbuilding industry continued to lead the global market, with increased earnings for shipyards. The completion rate reached 30.74 million DWT, a 10.6% increase year on year.

Win-win Cooperation

Decarbonization and digitalization have a profound impact on shipping-related industries and require an enhanced industrial chain within shipbuilding. Practical innovation is crucial in determining the direction and pathway for these transformations.

China’s shipbuilding industry is actively driving green and low-carbon transformation, as well as digital and intelligent upgrading. It is also deeply involved in international maritime governance.

Collaboration in ship design, building, and marine equipment supply has improved, leading to closer cooperation with shipowners. To effectively promote the transformation process, Mr. Li emphasised the need for close cooperation among stakeholders in the maritime industry. This includes finding technical solutions, business models, and policy incentives aligned with the International Maritime Organization’s shipping decarbonization strategy for 2050.

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Source : Xinde marine news