Workers Build Ships at A Shipyard in Yichang, China

Workers build ships at a shipyard in Yichang, Hubei province, China, March 19, 2024. On April 3, according to the China Shipbuilding Industry Association, in the first two months of 2024, the country's shipbuilding completed 8.26 million deadweight tons, an increase of 95.4%, of which export ships accounted for 92.5% of the total; New orders for ships reached 15.2 million DWT, up 64.4% year on year, of which export ships accounted for 90.7% of the total.