Top
image credit: Adobe Stock

South Korea’s shipbuilding orderbook surges to over $7 bln amid strong demand for high-end dual-fuel ships

February 21, 2023

Category:

The country’s key ship manufacturers have secured over $7 billion in new orders since the beginning of this year.

Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate shipbuilding holding company of HD Hyundai, has won a colossal order for 12 methanol-powered boxships from an unnamed European shipping company. Market analysts have linked CMA CGM with the contract, however, the company has not yet confirmed the deal.

Read More on Offshore Energy