Korean shipbuilders in trouble, but still in global top ranks
Apr 27, 2016
Korean shipyards may be in big trouble, but they still lead the global market in terms of order backlog, industry data showed Wednesday, possibly suggesting their guaranteed survival at least for a few years to come.According to the data from global research firm Clarkson Research Services, the country's three largest shipbuilders - Daewoo Shipbuilding & Marine Engineering, Hyundai Heavy Industries, and Samsung Heavy Industries - are also ranked as the world's three largest in terms of order bac