Daewoo Heavy Industries

South Korean Shipbuilders expect to Dominate Global Market on Back of LNG Carriers

South Korea retained its status as the world-leading shipbuilding industry last year despite many COVID-19 challenges. Experts forecast the new year will treat domestic shipbuilders better as they will benefit from the introduction of eco-friendly policies. South Korea’s Daewoo Shipbuilding and Marine Engineering has developed a technology that helps determine the safety of liquefied natural gas carriers in its shipyards….


South Korea Regains Top Spot in 2018 Shipbuilding Orders

The world’s shipbuilding companies are concentrated in three East Asian countries – China, South Korea, and Japan – that when combined control 90% of global market share. But finally, after seven years, South Korean shipyards have recaptured the lead in annual shipbuilding orders secured, according to newly released data from Clarkson Research institute. South Korea lost its No. 1 rank…