SEOUL, Aug. 23 (Korea Bizwire) – Stocks of South Korean shipyards, led by Hyundai Heavy Industries Co., rebounded Wednesday, ending their declines for the past few days, but uncertainties still lie ahead over whether they will be able to secure new orders, industry sources said Wednesday. Hyundai Heavy traded at 152,500 won (US$135) on the [...]
SEOUL, Aug. 9 (Korea Bizwire) – South Korean shipyards recaptured the No. 1 position in new orders worldwide in July amid a plunge in overall numbers, outpacing Chinese rivals, industry data showed Wednesday. According to the data compiled by global research firm Clarkson Research Institute, local shipbuilding companies clinched new orders worth a combined 306,000 compensated [...]
SEOUL, April 11 (Korea Bizwire) – Hyundai Heavy Industries Co., a major South Korean shipyard, and its two affiliates, have suffered a sharp drop in their orders in the first two months of the year amid a protracted industry slump, industry sources said Monday. According to the sources, Hyundai Heavy, Hyundai Mipo Dockyard Co. and Hyundai [...]