Economic Powerhouse Takes the Lead | The Rise of "World Shipbuilding Capital" in Taizhou

Deep News12-06

On the vast seas and the rolling Yangtze River, giant ships cut through the waves. Believe it or not, one out of every ten massive vessels is built in Taizhou! Hard data confirms its dominance—in 2023, Taizhou's shipbuilding output reached 9.1382 million deadweight tons, accounting for 21.6% of China's total and 10.85% globally. In 2024, it climbed further to 10.3 million deadweight tons, securing an 11.9% global share. Taizhou has emerged as the largest private shipbuilding base in China and a national-level ship export hub, with its shipbuilding output consistently ranking first among prefecture-level cities nationwide.

**A Dual Legacy of History and Natural Advantages** Taizhou's shipbuilding prowess is deeply rooted in its historical and geographical advantages. Situated along the Yangtze River and close to the sea, Taizhou boasts 97.8 kilometers of prime Yangtze shoreline—the longest among Jiangsu's eight riverside cities. This "platinum coastline" can easily accommodate the construction and docking of 500,000-ton vessels, providing unparalleled natural conditions for large-tonnage ship production. Its strategic location as a key node between the Yangtze Economic Belt and the Yangtze River Delta, coupled with an extensive waterway network, ensures robust shipping logistics, reducing material transport costs and facilitating seamless vessel deliveries.

**Innovation and Green Transformation** On November 20, Yangzijiang Shipbuilding Group's 175,000-cubic-meter LNG carrier "Xin Fu 124" completed its trial voyage, marking a breakthrough for China's private shipbuilders in constructing ultra-large LNG carriers—often dubbed the "crown jewel" of shipbuilding. "Technological innovation is Taizhou's core strength," said Hu Jie, Chief Engineer of Sanfu Shipbuilding. Taizhou's shipbuilders prioritize R&D, deepen industry-academia collaboration, and attract top talent to enhance innovation. Key players like Yangzijiang and New Times Shipbuilding have established design institutes in Shanghai, independently developing mainstream vessels such as container ships, bulk carriers, and tankers. Recent milestones include the delivery of 24,000-TEU container ships, 400,000-DWT ore carriers, and 320,000-DWT VLCCs.

Taizhou is also leading in green shipbuilding. New Times Shipbuilding delivered China's first methanol-dual-fuel 9,000-TEU container ship, while Yangzi Xinfu built the 24,000-TEU dual-fuel container ship for CMA CGM, cutting CO₂ emissions by 20% and sulfur/particulate emissions by 99%. Digitalization is another focus, with smart workshops reducing construction cycles—e.g., Panamax bulk carriers now take just 8 months versus 2 years previously.

**Cluster Development and Industry Leadership** Along Taizhou's 100-kilometer Yangtze shoreline, towering gantry cranes stand as symbols of its shipbuilding rise. The city has cultivated a robust industrial cluster, integrating manufacturing, supply chains, and services. In 2022, the Nantong-Taizhou-Yangzhou marine equipment and high-tech shipbuilding cluster was recognized as a national advanced manufacturing hub.

Key enterprises include: - **New Times Shipbuilding**: A global top-10 shipbuilder. - **Yangzijiang Shipbuilding**: China’s first Singapore-listed shipbuilder, consistently ranked among China’s top five. - **Sanfu Shipbuilding**: Holds a third of the global market for 10,000-DWT multi-purpose heavy-lift vessels.

Taizhou’s supply chain spans propulsion systems, deck machinery, and smart navigation equipment, with local specialties like Jingjiang’s anchors and Taixing’s ventilation systems ensuring "all-in-Taizhou" efficiency. **Cheniere**-grade innovations include Asia Star Anchors’ R6-grade mooring chains (used in China’s "Deep Sea No. 1" project) and Jiangsu Duokai Power’s marine engines, filling local propulsion gaps.

**Future Outlook** Taizhou aims to strengthen industry synergy, drive green and smart transitions, and build a global "shipbuilding capital," scripting a new chapter in the evolving maritime industry.

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