E. SHIPBUILDING, DEMOLITION AND
NEW ORDERS
1. Deliveries of newbuildings
Three countries (China, the Republic of Korea and Japan) together built 92 per cent of the world’s new tonnage (GT) in 2012, with China alone accounting for more than 40 per cent. Almost 57 per cent of the tonnage delivered in 2012 was on dry-bulk ships, followed by oil tankers (18.4 per cent) and container ships (14.4 per cent) (figure 2.8 and table 2.8). This is a significantly different picture from just six years ago. In 2006, the Republic of Korea was the largest shipbuilder, followed by Japan. China and Europe each had a market share of about 15 percent.