Korea Secures Record Number of Orders
Advertise Here
Trending Topics:
Sunday, June 14, 2015

Ship Equipment
Ship Maintenance
Ship Systems
Worldwide Metric
Freeman Marine
Neptune Group

Home Page
About MarineTalk
Buyer's Guide
World InfoDesk
Discussion Forums
Advisory Board
Advertising Information
Submit Company Listing
Edit Company Listing
Site Map
MarineTalk Site Search:
Featured Companies

Lake Carriers' Association
Trade association representing U.S.-Flag operators on the Great Lakes.
    USA Ohio

The Tait Marine Art Gallery
The marine artwork of Shetland oil painter Jim Tait, whose seascapes are characterised by their dramatic and realistic seas and skies.

Alliance for Coastal Technologies (ACT)
ACT is committed to targeting the technical monitoring needs of Coastal Scientists and Environmental Resource Agencies. ACT is a NOAA funded initiative through the Coastal Services Center, Charleston, South Carolina.
    USA Maryland

Norwegian Shipowners' Association
The Norwegian Shipowners' Association - the NSA - is the employers' organization for oceangoing shipping and companies involved in floating and movable offshore activities.

Korea Secures Record Number of Orders


South Korean shipbuilders secured a record high number of orders for four consecutive quarters. Shipbuilding orders totaled 5.6 million compensated gross tons (CGTs), 3.3 times the orders (1.7 million CGTs) won by Japan in the first quarter of this year, according to overseas market analysts such as Clarkson and Lloyd. Korea posted a 29 percent jump in orders over the same period of last year while Japan saw a reduction of 50 percent in orders. Last year, Korean shipbuilders recorded the biggest orders in its history.

This year, Korea acquired orders for 11 liquefied natural gas (LNG) vessels. These high value-added vessels contributed to the raise of the total value of orders. In the first quarter of this year, the European Union (EU) also did well as its orders rose by 80 percent to 2.3 million CGTs. China performed poorly as its orders fell by 33 percent to 1 million CGTs. Out of the total orders of 10.9 million CGTs in the first-quarter, Korea captured 51 percent, followed by the EU with 21 percent, Japan with 16 percent, and China with 9 percent.

The Korea Times  

Latest Marine News and Technology Articles | Maritime 2015 Buyer's Guide


E-mail:  Contact Us

Copyright 1998 - 2015 MarineTalk
Division of Link Internet Business Solutions
All rights reserved.

The reproduction, retrieval, copying or transmission of this Web site content,
in whole or in part, is not permitted without the express permission of
MarineTalk .