South Korean Shipbuilders Target $50 Billion in Orders Next Year

The shipbuilding supercycle is expected to continue next year, with projections indicating that domestic shipbuilders’ order volume will exceed $50 billion (approximately 70 trillion won). Particularly, with large-scale container ship orders from Asian shipping companies anticipated, there is growing optimism that domestic firms will secure orders for both liquefied natural gas (LNG) carriers, where they … Continue reading South Korean Shipbuilders Target $50 Billion in Orders Next Year