South Korean shipyards Archives

Shipyards Rebound But Uncertainties Continue

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 [...]

South Korea Retakes Top Spot in Global Ship Orders in July

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 [...]