Reactivations and mega expansions signal long-term China shipbuilding hegemony

China’s shipbuilding capacity surge has accelerated with a wave of reactivated yards and major expansions across established shipbuilding groups, in what is the most significant capacity expansion in years, according to broker BRS Group’s latest 181-page annual shipping markets review. China reached an orderbook market share of 70.9 at the end of 2025, up from