Chinese shipbuilders have secured a string of new orders for large-scale vessels from domestic and international buyers, building on strong order momentum in the first half of the year, amid China’s push to move the industry up the value chain. Four of the vessels have a capacity of 93,000 cubic metres, while the other two have an 88,000-cubic-metre capacity. Also on Wednesday, Shanghai-based Waigaoqiao Shipbuilding secured a contract from Cosco Shipping Development to build 10 bulk carriers of 210,000 deadweight tonnage (dwt), worth 5.28 billion yuan (US$781.31 million), according to the buyer. The Jiangsu-based Nantong Xiangyu Shipbuilding & Offshore Engineering would build another five vessels for the company under a separate 2.64 billion yuan contract. The slew of new orders comes amid China’s broader expansion in global shipbuilding, as the country continues to strengthen its position across both traditional and higher-value vessel segments.