S. Korean Shipbuilders rack up orders

Korean shipbuilders inked more orders than anyone else in May, overcoming stiff competition from Chinese competitors while Japanese companies trailed behind.

Chinese and South Korean support for shipbuilders irks Japan

Japan is growing frustrated by government assistance in China and South Korea to their ailing shipbuilding industries, with Prime Minister Shinzo Abe even broaching the issue with his counterparts at a trilateral summit earlier this month.

Korean shipyards still struggle to cut costs amid ‘order drought’

South Korean shipyards, led by Hyundai Heavy Industries Co., are still struggling to cut costs through unpaid leave for their workers and shutting down dry docks idled amid a lack of orders, industry sources said Sunday.

Time to Buy Beaten Down Korean Shipbuilding Companies?

When you’ve hit rock bottom, the only way is up.The proverb could be aptly applied to the sunken shares...

Korean Shipbuilders Rose Back to the Top in Five Years

It has been found that South Korean shipbuilders obtained 34% of new shipbuilding contracts in the first half of...

Korean ports to install power supply for ships

Four Korean port authorities have agreed to introduce a power supply system for ships at berth to reduce air...

Korean Shipbuilders Clinched More New Orders than Any Others Last Month

According to Clarkson Research UK, the global total amount of new shipbuilding orders reached 750,000 CGT last month and 340,000 CGT and 260,000 CGT went to South Korean and Chinese shipbuilders, respectively. Japanese shipbuilders obtained none at all.