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The Korea Herald
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THE INVESTOR
April 27, 2024

Industrials

Korean shipyards lead global order backlog

  • PUBLISHED :June 20, 2017 - 14:58
  • UPDATED :June 20, 2017 - 14:58
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[THE INVESTOR] Korea’s three major shipyards -- Daewoo Shipbuilding & Marine Engineering, Samsung Heavy Industries and Hyundai Heavy Industries -- maintained their top global ranking in terms of order backlog, industry data showed on June 20.

According to the data compiled by industry tracker Clarkson Research, DSME’s Geoje shipyard stood at 88 ships representing 6.26 million compensated gross tons, as of end-May, followed by HHI’s Ulsan shipyard with 65 vessels, or 3.33 million CGTs.

Samsung Heavy’s Geoje shipyard came in third with 60 ships totaling 3.20 million CGTs.

HHI’s two affiliates, Hyundai Samho Heavy Industries and Hyundai Mipo Dockyard, came in sixth and eighth in terms of order backlog, respectively, with 1.73 million CGTs from 45 ships and 1.57 million CGTs from 74 ships, the latest data showed.

By Alex Lee and newswires (alexlee@herladcorp.com)

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