ShippingWatch

Korean shipyards' standstill likely to continue

Analysts project that South Korean shipbuilders' earnings will remain at a standstill until the first half of 2016, reports South Korean media.

Photo: Thorbjørn Hansen

Even though the South Korean shipyards could surpass third quarter estimates, analysts according to Yonhap News Agency project that the shipyards will remain at a standstill until the first half of 2016.

"Their third-quarter earnings may exceed market estimates, but business performances are expected to remain dull," Hyundai Securities analyst Jung Dong-ik tells Yonhap.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs