MKsports East China's Shandong, on December 4, 2024. From January to October, shipbuilding completions grew by 41 percent, new orders by 61 percent and the order backlog by 48 percent. Shandong is establishing itself as a key shipbuilding hub and global leader in offshore engineering equipment. Photo: VCG" src="https://www.globaltimes.cn/Portals/0/attachment/2024/2024-12-04/2a7b89a0-048d-4fc2-89bf-136a3522ac92.jpeg" />

Various offshore engineering equipment and specialized vessels are under construction or maintenance at a base in Yantai, East China's Shandong, on December 4, 2024. From January to October, shipbuilding completions grew by 41 percent, new orders by 61 percent and the order backlog by 48 percent. Shandong is establishing itself as a key shipbuilding hub and global leader in offshore engineering equipment. Photo: VCG