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05 December 2008 The on-line newspaper devoted to the world of transports 04:00 GMT+1



January 9, 2001

Korean yards target higher value ships

Korean shipbuilders will this year focus on boosting profitability rather than grabbing market share, according to local press reports. Accordingly, sales targets have been set lower

Hyundai Heavy Industries Co. (HHI) which won a record of $5.1 billion worth of orders last year has reportedly set its sales target at $3.3 billion this year, 45 percent down.
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