South Korean shipyards won shipbuilding orders of 4.2 million compensated gross tons (CGTs) during the first half of this year, down 36.9 percent from a year ago, the Commerce Ministry said on Wednesday.
The orders in dollar terms amounted to $6.8 billion in the period, down 25.4 percent from the previous year, the ministry said in a statement.
CGT shows a country's shipbuilding capacity and factors in manpower and added value.
Ship-related exports in the first half of 2001 rose a record 44.1 percent to $5.7 billion, helped by exports of steel structures for oil drilling in the sea, it said.