South Korean Shipyards

What Strategy Do Korean Shipbuilders Use For Winning Zero Carbon?

  • Dual fuel engine has been the secret weapon behind South Korean shipbuilders’ red-hot winning streak.
  • It will likely feed their heyday for some time.

Dual fuel engine has been the secret weapon behind South Korean shipbuilders’ red-hot winning streak in global ship orders and will likely feed their heyday for some time, reports Pulse.

Korea’s Dual Fuel Shipping

The bulk of new orders Korean shipbuilders brought home this year have been in multi-fuel capable of running on either bunker C oil or...

https://mfame.guru/what-strategy-do-korean-shipbuilders-use-for-winning-zero-carbon/

Global Shipbuilding Orders Crash To a Historic Low in H1

  • Global shipbuilding orders at historic low in H1.
  • January-June period, global new shipbuilding orders totaled 5.75 million CGTs, or a total of 269 ships.
  • The lowest since 1996 and a 42 percent drop from the previous year.
  • Chinese shipbuilders got new orders totaling 3.51 million CGTs, or 145 ships, in the January-June period, taking up 61 percent of the total.
  • In June, Chinese shipyards bagged orders totaling 460,000 CGTs, or 16 ships.
  • As of end-June, Chinese shipbuilders had the largest order...

https://mfame.guru/global-shipbuilding-orders-crash-to-a-historic-low-in-h1/