Korean Shipyards Rank 1-7th in Order Backlogs

Wednesday, May 17, 2006
South Korean shipyards ranked No. 1 through No. 7 in terms of order backlogs as of the end of April, the Korea Times recently reported. Hyundai Heavy Industries, retained its spot with an order backlog of 11.44 million compensated gross tons (CGT). Samsung Heavy Industries overtook its rival Daewoo Shipbuilding & Marine Engineering Co. with an order backlog of 8.34 million CGTs. Daewoo Shipbuilding was the third-largest shipyard with an order backlog of 7.63 million CGTs. Hyundai Heavy Industries' subsidiaries Hyundai Mipo Dockyard and Hyundai Samho Heavy Industries were the fourth and the fifth largest shipyards with order backlogs of 4.24 million CGTs and 2.99 million CGTs, respectively. STX Shipbuilding was the sixth largest worldwide for the third consecutive month with an order backlog of 2.39 million CGTs. Hanjin Heavy Industries & Construction Co., climbed up a notch to rank No. 7 with an order backlog of 2.12 million CGTs. China's Dalian New Ship Heavy Industry Co. and Shanghai Waigaoqiao Shipbuilding Co. were the eighth and ninth shipyards with their order backlogs amounting to 1.93 million CGTs and 1.89 million CGTs, respectively. Japan's industry leader Mitsubishi Heavy Industries Ltd. Slid to rank No. 10 in the world from No. 7 a month earlier. Its order backlog came to 1.74 million CGTs. (Source: Korea Times)
Maritime Reporter February 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Barril Appointed COO of SBM Offshore

SBM Offshore is pleased to announce the appointment of Philippe Barril as Chief Operating Officer (COO) effective March 1, 2015.  Philippe's appointment as a

Zamakona, Finnish GS-Hydro Ink Deal

The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.

Naval EXPO Coming to Washington

For the first time ever, the general public will be admitted free to the Naval Future Force Science and Technology EXPO general exhibit hall Feb. 4-5 where they

Shipbuilding

Imabari to Build 20,000TEU Containerships

Imabari Shipbuilding Co., Ltd. announced it has secured newbuild orders with the cooperation of Marubeni Corporation for 11 units of 20,000TEU Ultra-Large Container Carriers,

SSI Launches ShipConstructor 2015 R2.1

SSI has today released ShipConstructor 2015 R2.1 software.   The software release comes in response to emerging ship design, engineering and building trends as

HII Acquires Engineering Solutions Division

Huntington Ingalls Industries (HII) has acquired the Engineering Solutions Division of The Columbia Group, a designer and builder of unmanned underwater vehicles

 
 
Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Sonar
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: 0.2495 sec (4 req/sec)