Selective Order Taking Pushes down Korean Shipbuilder’s Order Share below 10% in June

The Korean shipbuilding industry’s order share fell to a single digit in June. The unusually small order share is a result of the saturation of dock space due to a backlog of more than four years’ worth of orders which has led Korean shipbuilders to selectively take orders. Global ship orders totaled 2.43 million CGT … Continue reading Selective Order Taking Pushes down Korean Shipbuilder’s Order Share below 10% in June