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South Korea accounts for over half of new ship orders globally

Asia continues to completely dominate the shipbuilding market, with South Korea and China in first and second place, respectively.
Photo: Handout/Reuters/Ritzau Scanpix
Photo: Handout/Reuters/Ritzau Scanpix
by KIM WIESENER

More than half of orders for new ships going to the global fleet were placed with South Korean yards in July, writes news agency Yonhap based on fresh figures from Clarksons Research Service.

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