Korean shipbuilders fall behind China, Japan in April orders
May 8, 2014
Local shipbuilders fell behind their Chinese and Japanese rivals in new orders won last month, due mainly to falls in orders for offshore plants and mega cargo ships, industry data showed Thursday. South Korean shipyards obtained new orders totaling 294,167 compensated gross tons in April, down 84.8 percent compared with the same period of last year, according to the data by global market researcher Clarkson Research Services.The number accounts for 13 percent of the total global ship orders. Ch