Report: Korean Shipbuilders Dominate Global Orders

Monday, April 10, 2006
Reports indicate that South Korea's shipbuilders ranked No. 1 through No. 7 worldwide in terms of order backlogs for the first time ever as of the end of February, a London-based market researcher said Monday. Seven domestic shipyards' order backlogs accounted for 35 percent of the global industry's total of 107.34 million compensated gross tons (CGT), Clarkson Plc. said. Hyundai Heavy Industries ranked No. 1 worldwide with an order backlog of 10.82 million CGT, it said. Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries Co. were the second and third largest with order backlogs of 7.82 million CGT and 7.44 million CGT, it said.

Industry leader Hyundai Heavy's two subsidiaries _ Hyundai Mipo Dockyard Co. and Hyundai Samho Heavy Industries _ were fourth and fifth, with order backlogs of 3.93 million CGT and 3.27 million CGT. According to Clarkson, STX Shipbuilding Co. and Hanjin Heavy Industries & Construction climbed a notch each to sixth and seventh place, respectively. Their order backlogs amounted to 2.13 million CGT and 2.10 million CGT, oveertaking Japan's Mitsubishi Heavy Industries Ltd., which had been No. 6 in the industry. The Japanese industry leader was placed eighth in the world with an order backlog of 2.09 million CGT. Japan's Ishikawajima-Harima Heavy Industries and Tsuneishi Heavy Industries Cebu ranked ninth and tenth with order backlogs reaching 1.73 million tons and 1.72 million tons, respectively. Source: Hankooki.com

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

NASSCO Opens Bremerton Repair Facility

General Dynamics NASSCO celebrated the grand opening of its new location in Bremerton, Wash., yesterday. The facility will support the company’s recently-awarded contract to repair and maintain U.

Damen Responds to Evolving Fishing Practices

Maaskant Shipyards Stellendam meets fishing sector’s growing needs by performing electric pulse fishing conversions   As European fishing policies evolve, so fishing techniques advance.

Maaskant Shipyards Earns ISO 9001:2008 Certificate

Maaskant Shipyards (Stellendam), part of Damen Shipyards Group, has received certification from Bureau Veritas for aligning its quality and management systems with

Navy

NASSCO Opens Bremerton Repair Facility

General Dynamics NASSCO celebrated the grand opening of its new location in Bremerton, Wash., yesterday. The facility will support the company’s recently-awarded contract to repair and maintain U.

NASSCO Opens New Facility for Naval Repair

General Dynamics NASSCO opened a new location yesterday in Bremerton, Wash. to support the company’s recently-awarded contract to repair and maintain U.S. Navy

GE Gas Turbine Powers Australia’s Largest Warship

GE Marine’s LM2500 aeroderivative marine gas turbine now powers the Royal Australian Navy’s (RAN) recently commissioned HMAS Canberra Landing Helicopter Dock (LHD) ship,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair 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: 0.1369 sec (7 req/sec)