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S. Korean Shipyards Rank 2nd in New Global Orders in April

S. Korean Shipyards Rank 2nd in New Global Orders in April

SEOUL, May 9 (Korea Bizwire) — South Korean shipyards lagged far behind their Chinese rivals in terms of new global orders to place second in the world in April amid plunging demand, industry data showed Tuesday. Local shipbuilders clinched a combined 380,000 compensated gross tons (CGTs) in new orders last month, taking up 20 percent [...]

S. Korea Retakes Top Spot in Global Shipbuilding Orders in Feb.

S. Korea Retakes Top Spot in Global Shipbuilding Orders in Feb.

SEOUL, March 7 (Korea Bizwire) — South Korea recaptured the No. 1 spot in global shipbuilding orders in February, industry data showed Tuesday, thanks to its dominance in the liquefied natural gas (LNG) carrier market. Local shipyards won orders totaling 1.56 million compensated gross tons (CGTs) to build 34 ships, accounting for 74 percent of [...]

S. Korean Shipyards Rank 2nd in New Global Orders in Jan.

S. Korean Shipyards Rank 2nd in New Global Orders in Jan.

SEOUL, Feb. 7 (Korea Bizwire) – South Korean shipbuilders lagged far behind their Chinese rivals in terms of new global orders to rank second in the world in February amid tumbling demand, industry data showed Tuesday. Local shipbuilders won a combined 640,000 compensated gross tons (CGTs) in new orders last month, accounting for 33 percent [...]

S. Korea Secures World’s No. 1 Spot in High-priced Vessels Construction in 2022

S. Korea Secures World’s No. 1 Spot in High-priced Vessels Construction in 2022

SEOUL, Jan. 5 (Korea Bizwire) – South Korean shipbuilders received the largest orders in four years in 2022, and the country ranked the world’s No. 1 in terms of the construction of high-priced and eco-friendly vessels, the industry ministry said Thursday. Local shipbuilders won orders of a total of 15.59 million compensated gross tons last [...]

S. Korean Shipbuilders Rank 2nd in New Global Orders This Year

S. Korean Shipbuilders Rank 2nd in New Global Orders This Year

SEOUL, Dec. 29 (Korea Bizwire) — South Korean shipbuilders lagged behind their Chinese rivals in terms of new global orders in 2022 to take the No. 2 spot in the world for the second straight year, industry data showed Thursday. Local shipbuilders clinched a combined 15.64 million compensated gross tons (CGTs) in new orders this [...]

Greece Remains Biggest Customer for Korean Shipyards for 2nd Year

Greece Remains Biggest Customer for Korean Shipyards for 2nd Year

SEOUL, Nov. 21 (Korea Bizwire) — Greece placed the largest ship orders in South Korea this year, remaining a buttress for the nation’s shipbuilding industry, data showed Sunday. Greek shipowners have placed orders for 52 ships totaling 2.05 million compensated gross ton (CGT) from Korean shipyards so far this year, according to global market researcher [...]

S. Korean Shipbuilders Rank 2nd in New Global Orders in Oct.

S. Korean Shipbuilders Rank 2nd in New Global Orders in Oct.

SEOUL, Nov. 8 (Korea Bizwire) — South Korean shipbuilders lagged far behind their Chinese rivals in terms of new global orders in October to take the No. 2 spot in the world, industry data showed Tuesday. Local shipbuilders won a combined 1.43 million compensated gross tons (CGTs) in new orders last month, accounting for 42 [...]