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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 [...]

S. Korean Shipbuilders Rank First in Global New Orders in Feb.

S. Korean Shipbuilders Rank First in Global New Orders in Feb.

SEOUL, March 8 (Korea Bizwire) — South Korean shipbuilders took the top spot in global new orders in February, far outpacing their Chinese rivals, industry data showed Tuesday. Local shipyards, led by Hyundai Heavy Industries Co., clinched 860,000 compensated gross tons (CGTs) in new orders last month, or 67 percent of the global total at [...]