Asian shipbuilding sector poised for turnaround as order mom
Following the sharp decline in the demand for newly-built ships that started in 2008, there has been positive signs of recovery in the Asian shipbuilding sector amid increased optimism about the global economy and new orders coming in.
2023-06-14 | LION HARDWARE
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Hanjin's Subic yard nearly doubles annual order targetA research note out from Korea's Kiwoom Securities shows what a hugely successful year Hanjin Heavy Industries & Construction's Philippine subsidiary has had."Hanjin's Subic Shipyard is expected to accomplish over 180% of its annual order aim with a possibility of winning $2.2bn contracts by the end of this year," the report noted.The giant Subic yard has inked 37 orders this year, a mix of larger bulkers and mid- to large-sized containerships, ensuring it is busy for at least the next three years. Source: Sea Ship News
2023-06-14 | LION HARDWARE
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