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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Russian Sub 'Stary Oskol' Enters Black Sea

Russia’s Stary Oskol submarine, the third boat in Project 636.3 series for the Black Sea Fleet, on a voyage to its permanent base has passed the Bosporus and Dardanelles straits,

VLCC Delivered to Gener8 Maritime

Gener8 Maritime, Inc., a U.S.-based provider of international seaborne crude oil transportation services, has taken delivery of the ECO VLCC the Gener8 Constantine on June 27,

Future LCS Charleston’s Keel Authenticated

A ceremony was hosted to celebrate the keel authentication of the U.S. Navy's future USS Charleston (LCS 18), the ninth Independence variant littoral combat ship, June 28.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.0527 sec (19 req/sec)