S. KOREA’S GLOBAL SHIPBUILDING ORDERS RISE IN FEBRUARY

Highlights –

• S. Korea’s global shipbuilding orders rise in February.
• HHIC won new orders of 43 ships or 1.56 million compensated gross tons (CGTs).
• S. Korea bagged orders for 7 very large crude carriers, five A-Max oil tankers, ...

S. KOREAN SHIPBUILDERS HAVE INCREASED ORDER TARGETS BY 40% IN 2021

Highlights –

• S. Korean shipbuilders have increased order targets by 40% in 2021.
• KSOE set an annual combined order target of its three units at US$14.9 billion in 2021.
• Samsung Heavy Industries Co. aims to win new orders worth $7.8 bi...

HYUNDAI’S SHIPBUILDING UNIT TO UNDERGO TEMPORARY SHORTAGE OF ORDER BACKLOGS

Highlights –

• Hyundai shipbuilding unit to undergo temporary shortage of order backlogs.
• The shortage of order backlogs is predicted to take place in the second half of the year.
• Construction of ships to be delivered by 2022 will start...

HYUNDAI HEAVY INDUSTRY CO. STRIKES A DEAL WITH ARAMCO

Highlights –

• Hyundai Heavy Industry to build offshore oil and gas facilities with Aramco
• Shares of Korea Shipbuilding & Offshore Engineering made a profitable jump
• It will be a $20 Billion project

Hyundai Heavy ...