Korean shipyards swept nearly 60 percent of global vessel orders in May to stay atop in the order book rank, with their heyday fed by vessel value soaring to the highest levels in six years. Korean shipbuilders bagged new shipbuilding contracts of 440,000 compensated gross tonnages (CGTs) or 24 vessels in May, accounting for 35 …
The post Korea sweeps 60% of global vessel orders in May with ship price at 6-yr high first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John