In just three decades, China’s shipbuilding industry went from zero, to today building more vessels than the rest of the world combined.

The White House, the War Department, and leading lawmakers have promised billions of dollars in new investment, and enacted policies to rebuild American shipbuilding and pull business awaay from China.

*But China’s dominance in the industry continues to boom, and the growth is even accelerating. *

The War on Iran has sharply pushed up demand for ships from the energy industry, and Chinese shipyards alone have the capacity to take new orders for VLCC’s and LR ships.