S. Korea's Shipbuilding Orders Hit High

Wednesday, October 25, 2006
Combined orders received by South Korea's shipbuilders reached a record $12.4b in the third quarter of the year, reports said. The tally represents a 106.4 percent gain as measured in dollars, and a 142.5 percent surge in actual shipbuilding orders compared to the same three month period in 2005, the Ministry of Commerce, Industry and Energy said. In the July-September period, South Korean shipyards clinched orders for 152 ships amounting to 5.97 million compensated gross tons (CGT). Korean shipyards have been logging up orders in excess of 2 million tons since the first quarter of this year. South Korea has put seven shipbuilders on the world's top-10 list including Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Industries Co. and Samsung Heavy Industries Co. Seoul, Oct. 25 (Yonhap News)
Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

BMT Expands to Meet Increased Workload

BMT Nigel Gee (BMT), a subsidiary of BMT Group, has announced the completion of new offices in Southampton in order to meet a large increase in design work.   Operating

NYC Ferries: Gladding-Hearn Building Three New Vessels

Gladding-Hearn Shipbuilding, Duclos Corporation, has begun construction of the first of three new sightseeing vessels for Circle Line Sightseeing Cruises, Inc., in New York City.

The Human Element of Ship Management

The best third party ship managers employ technology, good business practices, economies of scale and a customized approach for each client. None of that will

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Winch
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: 0.1660 sec (6 req/sec)