South Korea’s Share of Global Shipbuilding Orders Falls to Lowest Level in 8 Years

SEOUL, Dec. 16 (Korea Bizwire) – South Korea’s share of global shipbuilding orders in 2024 is expected to hit its lowest point since 2016, highlighting growing concerns over its competitiveness in the face of China’s dominance. Despite strong profits from high-value ship orders, experts warn that maintaining a basic level of order volume is essential to [...]