According to a report from KBS, Korea’s domestic shipbuilding industry will lead the nation’s exports in 2009 as it is expected to exceed the $50b mark in exports for the first time.
Despite some anticipation in increased activity as the summer holidays come to an end, there are just two orders to report this week both focused on the more specialised markets,
Van Oord has ordered a new subsea rock installation vessel. Sinopacific Shipbuilding Group Shanghai will build the vessel at its Ningbo yard in China. The vessel will be delivered in 2016.
Noboru Ueda, Chairman and President of ClassNK attended the delivery ceremony for the M/T Al Yarmouk, constructed at Daewoo Shipbuilding & Marine Engineering Co.