Chinese shipowners are actively expanding their fleet of multi-purpose vessels, both through newbuilds at domestic yards and second-hand acquisitions abroad. This strategic course is driven by growing trade volumes and the need to support ambitious infrastructure projects.

The increase in the number of general-purpose vessels, capable of carrying both containers and breakbulk cargo, enables Chinese companies to flexibly adapt to changing market conditions. Used vessels purchased overseas provide a fast and relatively cost-effective way to increase fleet capacity, while newbuilds guarantee compliance with modern efficiency and environmental standards.

Chinese shipyards are actively offering competitive solutions, combining innovative technologies with affordable prices. In addition, strong government support for the shipbuilding industry creates favorable conditions for the development of new vessel types optimized for a wide range of cargo and port infrastructure.

In the medium term, the expansion of China’s multi-purpose fleet will strengthen the country’s role as a key player in global maritime trade, ensuring supply chain stability and opening additional opportunities for large-scale international infrastructure projects.

Current freight market snapshot:

Sincerely, Konstantin Grinevich and Glogos Project