China's shipbuilding orders are scheduled through 2030, with a significant increase in steel demand

老虎证券2026/06/15 13:13

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"Shipbuilding orders have already been scheduled through 2030, and the types of vessels have shifted from traditional bulk carriers to today's large VLCCs and 22,000-container ships," said Wei Jun, deputy general manager of a shipbuilding enterprise in Jiangsu. The company is operating at full capacity, production is approaching saturation, and steel consumption has risen sharply. Orders at several surrounding supporting steel mills are also fully booked, with some high-end specifications of steel plates now in short supply.

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Incordex appointed Chen Wang to its board effective Sept. 29, 2026. Wang founded his own brand. He has served as founder and board chairman of Yunnan Jinshengchang Technology and Trade since Oct. 2024. He previously led global pharmaceutical education operations at Meixin E-commerce. He later ran education operations at Zhuyuan Grop. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Incordex Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-006080), on October 07, 2026, and is solely responsible for the information contained therein.

Bitget•2026/10/07 16:03