New, Value Added, Eco-Friendly Ships. Shipbuilding exports are taking the lead in Korea’s exports in the first half of the year. During this span, Korea’s exports rose 11.9% year on year. The Korean shipbuilding industry secured four years’ worth of work through the end of the first half of this year. This is the largest order backlog in 12 years….
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…
The Indonesian Navy (Tentara Nasional Indonesia – Angkatan Laut: TNI-AL) is currently anticipating the delivery of three new Type 209/1400-class submarines from the South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME). The service has also indicated aspirations to operate a fleet of either 10 or 12 underwater fighting platforms beyond 2024. What are the Indonesian government’s requirements for these…