Growing optimism among South Korea's shipbuilders
Several new orders for South Korea's three top shipyards kindle a growing optimism in the country's strained shipbuilding sector. One factor is a surge in demand for VLCC newbuilds, reports news agency.
by DANIEL LOGAN
South Korea's hard-pressed shipbuilders – including the three biggest in the world, Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering (DSME) og Hyundai Heavy Industries – can breathe a little easier after bagging a series of new orders in 2017 so far.
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