Royalties erode S. Korean shipbuilders’ profitability

Capt. John

Just five years ago, local shipbuilders were on the verge of collapse. But they have been achieving a swift turnaround by winning 94 percent of global liquefied natural gas (LNG) tanker orders in the first half of this year. The global eco-friendly trend has led to more orders of LNG tankers, while...

https://www.hellenicshippingnews.com/royalties-erode-s-korean-shipbuilders-profitability/

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