S. Korean shipbuilders overtaken by Chinese rivals in terms of new orders
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South Korean shipbuilders were outpaced by their Chinese rivals in terms of new orders received in the first two months of the year, a London-based market researcher said Monday.
Korean shipbuilders such as Hyundai Heavy Industries Co. and Samsung Heavy Industries Co. won a combined 2 million compensated gross tons (CGTs) in new orders in the January-February period, said Clarkson Reseach Studies, a division of Clarkson PLC, the world's leading shipping services provider.
Korean shipbuilders such as Hyundai Heavy Industries Co. and Samsung Heavy Industries Co. won a combined 2 million compensated gross tons (CGTs) in new orders in the January-February period, said Clarkson Reseach Studies, a division of Clarkson PLC, the world's leading shipping services provider.