Independent journal on economy and transport policy
19:38 GMT+2
Korean ship orders up 87% in Oct due to stronger yen
(Shipping Times)
November 6, 1998
[SEOUL]
South Korean shipbuilding orders jumped 86.6 per cent last month from a year earlier, thanks to the stronger yen that made Korean exports more competitive.
Hyundai Heavy Industries, Hanjin Heavy Industries, and other shipbuilders received a combined 1.68 million gross tons in orders for 24 vessels in October, said the Korea Shipbuilder's Association. ...... Read more on Shipping Times
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