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 July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

West Africa's August Crude Exports to Asia to Slip

West African crude oil exports to Asia were expected to fall to 1.84 million barrels per day (bpd) in August, Reuters data and a survey of traders showed.     Slower

DryShips Reaches Agreement with Ocean Rig

DryShips Inc. (NASDAQ: DRYS), a global provider of marine transportation services for drybulk and petroleum cargoes, and through its subsidiary, Ocean Rig UDW Inc.

Shipbuilding

MHI: Notice of Absorption-Type Split Agreements

MHI gives Notice Regarding Conclusion of Absorption-type Split Agreements Relating to Transfer of Ship Construction and Hull Block Manufacture Businesses to Two

Fratelli Neri Orders Damen Tug

One of the largest Italian tug owners, Fratelli Neri S.p.A, ordered its first Damen tug, an ASD 3212, on 21 July 2015.   The vessel will be the first ASD tug

Thai Navy Lobbies for More Submarines

The Royal Thai Navy claims it urgently needs more submarines to compete with other Asian countries.   The assistant commander made the claim aimed at persuading

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Ship Repair 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: 0.3655 sec (3 req/sec)