Korean Shipbuilding Exports Surge 15.4 Percent

Tuesday, August 01, 2006
The combined exports of Korea’s shipbuilders rose 15.4 percent from a year ago to $10.5b in the first half of this year on delivery of large container carriers, The Korea Herald reported. Climbing from $9.1b during the same period last year, shipbuilders continued to drive the country’s exports. Industry sources attribute the surge to increased construction and delivery of large container ships which led the brisk market between 2003 and 2005. Shipbuilding orders received in the first six months also inched up 1.3 percent to 7.3 million compensated gross tonnage, recovering from a decline since the second half of 2004. Some 5.6 million CGT were built in the first half, up 15 percent from a year ago. With increased new orders, backlog orders also swelled 6.4 percent to 38 million CGT which is enough to keep the docks busy for 3.5 years. (Source: The Korea Herald)
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

MacGregor Deck Equipment for Intership's Eco-bulkers

MacGregor, part of Cargotec, has secured a deck equipment contract from New Times Shipyard in China for Intership Navigation Co Ltd.'s three new 36,500 dwt laker-class bulk carriers.

Seacor Takes Delivery of 10,800 HP Crewboat

Seacor Marine is building ever larger and more powerful mono-hull crew/supply boats. The first of these to be delivered is the 202x34-foot Alex F. McCall with some very impressive statistics.

Choosing the Best Financing Proposal

It isn’t always about the rate. In a robust boatbuilding market – like the one we see now – even the most successful, financially stable operators need to borrow.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Pipelines Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0755 sec (13 req/sec)