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Shipbuilding industry in Chongchuan sees 23.1% growth in 2024

en.nantong.gov.cn| Updated: February 7, 2025 L M S

Shipbuilding and offshore engineering have long been key industries in Chongchuan district, Nantong, East China's Jiangsu province. In 2024, the district's 23 large-scale shipbuilding and offshore enterprises achieved a total output value of 17.03 billion yuan ($2.34 billion), marking a 23.1 percent year-on-year increase.

These companies accounted for 14.2 percent of the total industrial output value of large-scale enterprises in the district during the same period.

Nantong COSCO Shipping Heavy Industry Co Ltd, an industry leader, has played a major role in this growth. As a top ship repair and offshore construction company in China, it has accelerated its transformation toward high-quality, efficient, and environmentally friendly production through digital innovation.

In 2024, the company repaired and modified nearly 200 vessels, maintaining steady growth in output value throughout the year.

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Numerous ships undergo repairs and modifications at the dock of Nantong COSCO Shipping Heavy Industry. [Photo/Nantong Daily]

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