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.
...... Read more on Marine Log
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