Korean Shipyards Dominate
September 26, 2006
Korean shipyards dominate the global shipbuilding market in terms of backlog orders. According to the London-based market researcher Clarkson, Hyundai Heavy Industries received 12.3 Million CGT or compensated gross tons' worth of orders as of the end of August, followed by Samsung Heavy Industries, and Daewoo Shipbuilding and Marine Engineering. Together with Hyundai's subsidiary, MIPO Dockyard and Samho, Korean shipyards have taken the top five places as the world's leading vessel makers. China's Dalian Shipbuilding Heavy Industry came in sixth with 2.9 million CGTs of orders.
Source: Arirang News
Related News
No Shortage of Good Ideas to Address the Mariner Shortage
Containership Lost Power Several Times Before Striking Bridge in Baltimore
DFDS to Invest $1.2 Billion in Six Battery Electric Ships
Methanol-Fueled Tugboat Launched
Brunvoll System to Propel Cyan Renewables New SOV