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02 April 2020 The on-line newspaper devoted to the world of transports 04:52 GMT+2

June 3, 2015

Shipbuilders strike out in key market

Korean firms maintain top spot in May orders

South Korean shipbuilders failed to strike a single deal in selling offshore support vessels in the January-April period, a sign that they are at risk of losing the market to increasingly confident Chinese competitors.
Up to 22 of 34 offshore support vessels worldwide were sold by Chinese shipbuilders during the period, while local firms posted zero sales, according to industry reports ......
Read more on The Korea Herald

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