SEOUL, May 10 (Korea Bizwire) — South Korean shipbuilders’ order backlog touched a six-year high in April on the back of brisk orders from global shipping companies, industry data showed Tuesday. Local shipyards had 32.68 million compensated gross tons (CGTs), or 688 ships, in unfulfilled orders as of the end of April, the largest tally [...]
SEOUL, Feb. 2 (Korea Bizwire) — South Korean shipbuilders, led by top player Hyundai Heavy Industries Co., are expected to undergo a temporary shortage of order backlogs in the second half of the year due to a decline in new orders last year, an industry watcher said Tuesday. “A temporary shortage of work is predicted [...]
SEOUL, Jan. 29 (Korea Bizwire) — South Korea’s leading shipyards had the top three order backlogs among global shipbuilders at the end of 2017 due mainly to work received before the worldwide drop in demand, industry data showed Sunday. According to Clarkson Research’s latest World Shipyard Monitor, Daewoo Shipbuilding and Marine Engineering Co. (DSME) Okpo, [...]
SEOUL, Aug. 18 (Korea Bizwire) — South Korea’s three major shipyards — Daewoo Shipbuilding & Marine Engineering Co., Samsung Heavy Industries Co. and Hyundai Heavy Industries Co. — maintained their top global ranking in terms of order backlog, industry data showed Friday. According to the data compiled by industry tracker Clarkson Research, Daewoo Shipbuilding’s Geoje [...]