Orders at Korean Shipbuilders to Break $30b
March 13, 2007
Korea's three major shipbuilders are expected to draw in orders worth $30b this year, Arirang News reported.
Industry reports put orders for Hyundai Heavy Industries at $13b, Samsung Heavy Industries at $10-11b, and Daewoo Shipbuilding and Marine Engineering at $10b.
Samsung Heavy Industries won the most number of orders as of March with four liquid natural gas tankers, one floating production storage, one offloading vessel, and nine oil tankers.
Daewoo Shipbuilding and Hyundai Heavy Industries is also reportedly looking ahead to a stellar year and expected to secure their targets set for 2007 when foreign firms begin placing orders for various projects later on in the year.
Source: Arirang News
Related News
No Shortage of Good Ideas to Address the Mariner Shortage
US Says Warship Intercepted Houthi Missile, Merchant Vessel Untouched
Houthis Claim More Ship Attacks, Targetting US Warship and Merchant Vessel
Suspected Somali Pirates Taken to Seychelles
DFDS to Invest $1.2 Billion in Six Battery Electric Ships