S. Korea widens its gap with China in shipbuilding orders
South Korea widened its lead in shipbuilding orders over China in August, cementing its status as the world's top shipbuilding nation, a London-based market researcher said Wednesday.
South Korean shipbuilders such as Hyundai Heavy Industries Co. and Samsung Heavy Industries Co. received a combined 22.1 million compensated gross tons (CGTs) in new orders in August, 3.1 million CGTs more than those won by Chinese rivals. Clarkson Research Studies said.
South Korean shipbuilders such as Hyundai Heavy Industries Co. and Samsung Heavy Industries Co. received a combined 22.1 million compensated gross tons (CGTs) in new orders in August, 3.1 million CGTs more than those won by Chinese rivals. Clarkson Research Studies said.