Korean Shipbuilders account for 2% of August orders in the world while Chinese shipbuilders 90%

Its rather this way..

Indians: If we keep giving orders to chinese India will become completely dependent on them so manufacture at home

Everyone: India is right we also need to build local or source to multiple nations so Chinese cant blackmail

Won't go to their high IQ brain. Most of the ships making a port call to India are foreign ships. Atleast we need to make sure that nothing carrying goods from India is built somewhere else (most of them are, at the moment).
 
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India currently ranks 20th in the global shipbuilding industry with its 0.06% share in the global shipbuilding market. The global market is dominated by China, South Korea and Japan, which collectively have 85% of the share in the market. In terms of vessel delivery volume, newbuilding orders and orderbook, China's global market share accounted for 55%, 74.7% and 58.9%, respectively in the first half of this year, according to statistics from BRS. These Indian dreamers are now talking of India toppling Chinese shipbuilding industry, as in anything else, they always want to compare and compete with China no matter what, lol.

China built more than half of all the world’s merchant ships by gross tonnage (33 million GT) in 2023. This translates into 150 of the world’s largest container ships.
We list the top 15 shipbuilding countries here, most of them are combined into one “rest-of-world” category in the graphic since their share is so small.



RankCountryGross Tonnage (2023)Share of Total
1China32,859,86251%
2South Korea18,317,88628%
3Japan9,965,18215%
4Philippines805,9381%
5Italy402,1640.62%
6France326,6800.50%
7Germany289,6660.45%
8Finland261,6540.40%
9Taiwan187,5580.29%
10Russia177,5710.27%
11Netherlands90,5960.14%
12Türkiye79,0320.12%
13Indonesia75,9790.12%
14U.S.64,8090.10%
15Iran64,7600.09%

And India ranks 20, with 0.06% of global share, try to beat Iran first before beating China.
 
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China built more than half of all the world’s merchant ships by gross tonnage (33 million GT) in 2023. This translates into 150 of the world’s largest container ships.
We list the top 15 shipbuilding countries here, most of them are combined into one “rest-of-world” category in the graphic since their share is so small.



RankCountryGross Tonnage (2023)Share of Total
1China32,859,86251%
2South Korea18,317,88628%
3Japan9,965,18215%
4Philippines805,9381%
5Italy402,1640.62%
6France326,6800.50%
7Germany289,6660.45%
8Finland261,6540.40%
9Taiwan187,5580.29%
10Russia177,5710.27%
11Netherlands90,5960.14%
12Türkiye79,0320.12%
13Indonesia75,9790.12%
14U.S.64,8090.10%
15Iran64,7600.09%

And India ranks 20, with 0.06% of global share, try to beat Iran first before beating China.

Indian shipbuilder is even making much less ships than Indonesia.
 
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Hahaha.
 

South Korea's economy slows as China's dominance expands

S. Korea faces first-ever growth rate below 2% amid challenges from China
By Park Soon-chan, Jung Seok-woo, Lee Jung-soo
Published 2024.12.02. 09:01

South Korea faces a looming era of low economic growth, with intensifying competition from China and structural challenges weakening its once-dominant industrial and export-driven economy. /Chosun DB



South Korea faces a looming era of low economic growth, with intensifying competition from China and structural challenges weakening its once-dominant industrial and export-driven economy. /Chosun DB

South Korea’s economic growth rate has been on a steady decline since the Kim Dae-jung administration took office in 1998, with each successive five-year presidential term seeing a drop of about 1 percentage point. Under the current Yoon Suk-yeol administration, the country is expected to enter an era of “low growth,” with the average annual growth rate forecasted to fall into the 1% range.

Traditionally driven by a strong industrial sector, the national economy now faces significant challenges. Increasing competition from China—sometimes referred to as a “black hole” for global industry—is exerting downward pressure on S. Korea’s growth prospects.

A joint analysis by The Chosun Daily and the Federation of Korean Industries of global export market share across eight key industries over the past decade reveals the extent of the problem.

The data shows that S. Korea has either been overtaken by China in seven of these industries, including semiconductors, shipbuilding, and steel, or seen the gap in certain sectors widen so significantly that catching up has become nearly impossible. Only in petrochemicals has the country managed to maintain a slim lead, with a mere 1 percentage point advantage.

China's rapid ascent in key high-tech and traditional industries is eroding South Korea's competitiveness, with sectors like semiconductors, shipbuilding, and steel struggling to keep pace amidst widening market share gaps. /Chosun DB



China's rapid ascent in key high-tech and traditional industries is eroding South Korea's competitiveness, with sectors like semiconductors, shipbuilding, and steel struggling to keep pace amidst widening market share gaps. /Chosun DB

In strategic industries such as semiconductors, displays, and secondary batteries—considered the backbone of S. Korea’s high-tech economy—China has made remarkable gains. In 2013, China’s export market share in these sectors was roughly double that of S. Korea. Over the past decade, this gap has widened significantly, with China’s share now three to eight times larger. This shift reflects not only China’s rapid growth but also S. Korea’s decline in competitiveness.

Other industries that have historically underpinned S. Korea’s economy—shipbuilding, steel, automotive manufacturing, and petrochemicals—are also under pressure.

Ship and automotive exports, areas where S. Korea once held a competitive edge, have been surpassed by China over the past decade. The steel sector, facing fierce competition from China’s aggressive pricing strategies, has seen its market share gap with China grow by more than 10 percentage points, leaving the industry at risk.

An industry official said, “Even with facing significant trade sanctions from its conflict with the United States, China continues to lead, while S. Korea’s major industries are falling behind one after another under Chinese competition.”

The Bank of Korea recently forecast economic growth rates of 1.9% for 2025 and 1.8% for 2026, further reflecting the challenges ahead. If these predictions hold, the Yoon administration’s five-year average annual growth rate will fall to 1.98%, marking the first time for a S. Korean administration to record an average annual growth rate below 2%.

Experts highlight structural challenges, such as an aging population and heavy dependence on export-driven conglomerates, as the main reasons for the slowdown.

Lee Sang-ho at the Korea Economic Research Institute said, “South Korea’s manufacturing and export-driven growth model is no longer as strong as it once was, and the country still hasn’t found new ways to drive its economy forward.”

 
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India currently ranks 20th in the global shipbuilding industry with its 0.06% share in the global shipbuilding market. The global market is dominated by China, South Korea and Japan, which collectively have 85% of the share in the market. In terms of vessel delivery volume, newbuilding orders and orderbook, China's global market share accounted for 55%, 74.7% and 58.9%, respectively in the first half of this year, according to statistics from BRS. These Indian dreamers are now talking of India toppling Chinese shipbuilding industry, as in anything else, they always want to compare and compete with China no matter what, lol.


This is a saying particularly relevant for India as it aims to realise its shipbuilding ambitions. With top shipbuilding nations like China, Japan and South Korea fully booked until 2028, the global shipping industry is searching for new alternatives. This is where India comes into the picture, having a unique opportunity to rise as a top shipbuilding destination.

While it currently ranks 20th in the world commercial shipbuilding market, India aims to rank among the top 10 shipbuilders by 2030.(y) But what makes this journey so promising, and what are the rough seas we need to navigate? Let’s dive in. :coffee:

 
And India ranks 20, with 0.06% of global share, try to beat Iran first before beating China. :)

The Ministry of Ports, Shipping, and Waterways aims to elevate India’s position from its current rank of 22nd in global shipbuilding to the top 10 by 2030, and the top five by 2047, as part of India’s Maritime India Vision 2030. :coffee:

 
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And India ranks 20, with 0.06% of global share, try to beat Iran first before beating China. :)

just asking, could China build any Aircraft Carrier like India as below? :)
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Narendra Modi says India's first locally made aircraft carrier puts it in a league of 'select nations'

 
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just asking, could China build any Aircraft Carrier like India as below? :)

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=>

Narendra Modi says India's first locally made aircraft carrier puts it in a league of 'select nations'

Are you kidding ? China has built 2 aircraft carriers on its own so far, one with EM catapults, the only other country has such tech is the US.
 
Are you kidding ? China has built 2 aircraft carriers on its own so far, one with EM catapults, the only other country has such tech is the US.

might be, i didn't know.....

Im little late on forums, i used to visit forums a lot during 2006 - 2007 and then now Im starting :)
i remember, only Ukraine's Aircraft Carrier, the China could get. and i would say that it was poorer AC to INS Vikramaditya Aircraft Carrier of India.....

the Russian defence industry, including the Shipping one, has a huge contribution of Indian Engineers/Scientists. India has experience of involvement with Soviet Unions Aircraft Carriers and its other defence industries, as they were helped by Indian engineers/scientists ☕
 
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Are you kidding ? China has built 2 aircraft carriers on its own so far, one with EM catapults, the only other country has such tech is the US.

i would say, as i have read, China's story start since early 90s only. they could 'clone' Su27, by 90s, and it was the time when they could enter field of Aircrafts building-Shipbuilding.......

China is too new in world as compared to history of India-Russia/SU combined ☕
 
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i would say, as i have read, China's story start since early 90s only. they could 'clone' Su27, by 90s, and it was the time when they could enter field of Aircrafts building-Shipbuilding.......

China is too new in world as compared to India-Russia combined ☕
Yeah, India made aircraft carrier is the best in the world.
 
might be, i didn't know.....

Im little late on forums, i used to visit forums a lot during 2006 - 2007 and then now Im starting :)
i remember, only Ukraine's Aircraft Carrier, the China could get. and i would say that it was poorer AC to INS Vikramaditya Aircraft Carrier of India.....

the Russian defence industry, including the Shipping one, has a huge contribution of Indian Engineers/Scientists. India has experience of involvement with Soviet Unions Aircraft Carriers and its other defence industries, as they were helped by Indian engineers/scientists ☕
China first bought the Varyag carrier now Liaoning from Ukraine that was 66% complete, then China finished the building by itself. Lol, Varyag was the later version carrier type than Vikramaditya that was built in Soviet Union, Varyag couldn't be inferior. it has 60000 tons while Vikramaditya has 45000 tons.
 
Yeah, India made aircraft carrier is the best in the world.

India has been having major involvement in building Soviet's Aircrafts, with Aircraft Carriers also...... :)

i would find China is too new in defence field as compared to India-Russia/SU combined history.
China's story mainly start since early 90s...... here i remember, before 'cloning' SU27 in 90s, for example, they didn't had any 4th gen aircraft.
and their Carrier building is supposed to have in parallel with other manufacturing industries.....
 

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