Korea Reclaims No. 1 Spot in Global Shipbuilding Market

  • Arirang News

    January 09, 2019 09:38

    Korean shipbuilders regained the top spot in global shipbuilding orders last year for the first time in seven years.

    According to U.K.-based Clarkson Research Services on Tuesday, Korean shipbuilders' global orders amounted to 12.6 million compensated gross tons, accounting for nearly 45 percent of the global market. An increase in orders for LNG carriers played a major role in helping Korea retake the top spot from China.

    China was in second place with 32 percent, followed by Japan with about 12.5 percent.

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