Korean and German business lobby groups emphasized the importance of decarbonization and establishing a strong foundation for environmental, social and corporate governance (ESG) principles during the Korea-Germany Business Roundtable held at the Grand Hyatt Hotel in Seoul Friday.
S. Korea: Shipbuilders see rally as orders swell at year-end
Korean shipbuilders have secured a series of lucrative orders for LNG carriers and other vessels this week, casting a rosy outlook on their efforts to meet annual targets.
Korea’s top three shipbuilders ― Korea Shipbuilding & Offshore Engineering (KSOE), Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering (DSME) ― said they have clinched orders worth nearly 5 trillion won ($4.53 billion) in just three days from Monday to Wednesday.
During the period, KSOE, which is the holding firm of Hyundai Heavy Industries and other shipbuilding affiliates, won orders for 13 vessels ― four container vessels and nine LNG carriers ― with a combined worth reaching 2.27 trillion won. The orders were mostly from shippers in Panama.
By Nam Hyun-woo
Korean shipbuilders have secured a series of lucrative orders for LNG carriers and other vessels this week, casting a rosy outlook on their efforts to meet annual targets.
Korea s top three shipbuilders ― Korea Shipbuilding & Offshore Engineering (KSOE), Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering (DSME) ― said they have clinched orders worth nearly 5 trillion won ($4.53 billion) in just three days from Monday to Wednesday.
During the period, KSOE, which is the holding firm of Hyundai Heavy Industries and other shipbuilding affiliates, won orders for 13 vessels ― four container vessels and nine LNG carriers ― with a combined worth reaching 2.27 trillion won. The orders were mostly from shippers in Panama.