Number of active shipyards worldwide 2014-2022
Between 2014 and 2022, the number of active shipyards nearly halved. More than 230 yards were closed as a consequence of the ongoing consolidation process within the shipbuilding industry. This was caused by a decrease in the demand for new vessels, stemming from the uncertainty surrounding future fuel composition, propulsion systems, and environmental regulations. As of April 2022, the number of active shipyards worldwide stood at 283.