Q1 Shipbuilding Orders Hit Record High

Wednesday, April 19, 2006
According to Chosun Ilbo, Korea's new shipbuilding orders during the first quarter of the year amounted to $12bi, a record high. The orders account for 136 ships or a total volume of 4.9 million CGT, or compensated gross tons. The value of orders during the first quarter saw a 34 percent increase on-year. High value-added vessels like liquefied natural gas carriers and gas containers accounted for 37 ships. (Source: Chosun Ilbo)

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