{"id":89566,"date":"2025-10-14T00:00:00","date_gmt":"2025-10-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/10\/14\/ship-repair-industry-sees-uptick-as-fleet-ages\/"},"modified":"2025-10-14T00:00:00","modified_gmt":"2025-10-14T00:00:00","slug":"ship-repair-industry-sees-uptick-as-fleet-ages","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/10\/14\/ship-repair-industry-sees-uptick-as-fleet-ages\/","title":{"rendered":"Ship repair industry sees uptick as fleet ages"},"content":{"rendered":"

China <\/strong>is the hub <\/strong>of global<\/strong> ship repair boom:<\/strong> Global ship repair markets have seen increased activity of 7% y-o-y in vessels repaired, on the back of an aging fleet, Splash247<\/a> reports, citing findings by Clarkson Research<\/a>. Ship owners are rushing to install energy-saving technology in a bid to fall in line with decarbonization mandates. China \u2014 home to 17 of the world\u2019s 20 busiest repair yards \u2014 remains the industry leader amid the boom. <\/p>\n

REMEMBER- China is striving to retain global shipyard dominance: <\/strong>China State Shipbuilding Corp. (CSSC) \u2014 the world\u2019s largest shipbuilder \u2014 closed its acquisition<\/a> of a local competitor, state-owned China Shipbuilding Industry Corp. (CSIC), Lloyd\u2019s List<\/a> reported last month. The move will help China\u2019s state-controlled industry consolidate and expand operations while cutting costs and boosting efficiency. <\/p>\n

China\u2019s LNG tanker orderbooks are swelling: <\/strong>China\u2019s LNG tanker orderbooks have surged recently, resulting in shipyard incomes doubling<\/a> in the first five months of 2025. Chinese manufacturers halved the construction time for LNG tankers to 15 months, largely by sourcing 80% of their components locally.<\/p>\n

Stiff competition from neighbors: <\/strong>The global shipbuilding boom has driven Japanese and<\/a>South Korean firms toward consolidation<\/a> in their bid to unseat China from the top spot. South Korea\u2019s HD Hyundai Heavy Industries (HHI) will merge with its affiliate \u2014 HD Hyundai Mipo Dockyard, while Japan\u2019s top producer Imabari Shipbuilding is working to acquire 60% of Japan Marine United \u2014 a merger that could create the world\u2019s fourth-largest shipbuilder.<\/p>\n","protected":false},"excerpt":{"rendered":"

China \u2014 home of 17 of the world\u2019s 20 busiest repair yards \u2014 remains the industry leader amid the boom.<\/p>\n","protected":false},"author":1,"featured_media":89567,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[56],"tags":[248,55,123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics-in-the-news","tag-china","tag-logistics-in-the-news","tag-shipping-maritime","wpautop","entry"],"acf":{"mongo_id":"10309e1b-6d7f-490e-a1fb-cfca801e8946","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/5\/606.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Ship repair industry sees uptick as fleet ages","related_issue":[89550],"teaser":"China \u2014 home of 17 of the world\u2019s 20 busiest repair yards \u2014 remains the industry leader amid the boom.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/10\/.b10a28d7-2fb4-462b-aeba-6b5ea04db25d.mp3"},"yoast_head":"\nShip repair industry sees uptick as fleet ages - 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