Independent journal on economy and transport policy
08:31 GMT+2
Korean yards still raking in orders
(Marine Log)
October 26, 1999
With the European Commission reporting that Korean yards have been pricing newbuildings at less than cost, it's no surpise to learn that Korean yards are still grabbing big orders.
The Chosun Ilbo newspaper reports that the shipbuilding unit of Daewoo Heavy Industries expects to finalize orders for 19 vessels worth $800-$900 million within the next few weeks. ...... Read more on Marine Log
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