China Wants to Dominate the New Era of Clean Shipbuilding

China wants to extend its lead in global shipbuilding to a new generation of vessels that burn cleaner fuels.

The nation is targeting building more than half of global vessels powered by lower-carbon fuels including liquefied natural gas and green methanol by 2025, according to a joint statement released by the Ministry of Industry and Information Technology and four other departments.

The goal is in line with Beijing’s plans to future-proof its massive industrial complex by focusing on sectors that will gain prominence as the world tries to reduce emissions over the next few decades. China already dominates global production ...