克拉克森研究：截至2025年年末中国租赁公司船舶资产余额总计1042亿美元

Core Insights - The latest report from Clarkson Research indicates that the scale of China's leasing ship assets has doubled over the past eight years, reaching a total of $104.2 billion by the end of 2025, with a year-on-year growth of 3.6%, significantly lower than the four-year average of 11.8% [1] Group 1: Market Overview - By the end of 2025, the total number of ships under Chinese leasing companies will be 3,142, with a total tonnage of 180 million. The total asset value controlled by leasing companies is estimated at $178 billion, with an average ship value of $56.65 million [2] - The global share of leasing assets has decreased from a peak of 9.2% in 2022 to 8.2% in 2025, despite an average asset appreciation of 11.6% from 2021 to 2025 [2] Group 2: Leasing Activity - In 2025, a record 485 ships left the leasing fleet, with 361 of these occurring in the second half of the year, primarily due to early repayments and exercise of purchase options by overseas clients [2] - Chinese leasing companies signed 336 ship leasing projects with 103 domestic group clients in 2025, with significant contributions from state-owned shipowners [3] Group 3: Project Distribution - Chinese leasing companies completed 262 bulk carrier projects in 2025, with a historical record of 54 being ore carriers, while small bulk carrier leases dropped to 75 [4] - A total of 249 new ship projects were signed by Chinese leasing companies in 2025, with 201 of these being constructed at state-owned shipyards [4] Group 4: Operational Insights - Among the operational leasing fleet, 779 ships are part of projects with IACS member classification societies, with nearly half managed by the China Classification Society [5] - The collaboration with third-party international management companies has increased as more leasing companies engage in operational leasing [5]