S. Korea: Shipbuilders, Shipping Companies Facing Worst Situations

Capt. John

The Export-Import Bank of Korea recently announced that South Korean shipbuilders’ new orders stood at 670,000 CGT, down 72 percent from a year ago, for the first four months of this year. In the first quarter of this year, the global new shipbuilding orders dropped 71.3 percent year on year to...

https://www.hellenicshippingnews.com/s-korea-shipbuilders-shipping-companies-facing-worst-situations/

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