Independent journal on economy and transport policy
08:40 GMT+2
Korean yards forecast to see drop in newbuilding orders this year
(Shipping Times)
August 4, 1998
By Felix Chan
[SINGAPORE]
Despite a strong surge of newbuilding contracts received by Korean yards in the second quarter following a relatively dry spell, Korean analysts are forecasting a 30 per cent drop in orders by weight logged by the country's shipbuilders this year.
Korean yards will log in 9 million grt worth of newbuildings this year compared to ...... Read more on Shipping Times
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