![Martin Placek](https://cdn.statcdn.com/static/../CMS/contactperson/ERI2764_1636745867.jpg)
Regional breakdown of the global shipbuilding market - contracting
Between January and October 2021, China was the leading shipbuilding market based on orders in CGT (compensated gross tonnage) with a market share of 49 percent. South Korea reached a market share of 39 percent during that time period.