South Korea Economy

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South Korea Economy

A View scene of Bulk carrier commissioning for deliver vessel near Daewoo Shipbuilding Marine Engineering Company (DSME) Shipbuilding yard in Geoje, South Korea on June 10, 2020. Korea Shipbuilding & Offshore Engineering Co., the shipbuilding holding company of South Korea's Hyundai Heavy Industries Group, said Tuesday it has won a 90 billion-won (US$75 million) order to build two petrochemical carriers. The two 50,000-ton vessels will be built by Hyundai Mipo Dockyard Co., a subsidiary of Korea Shipbuilding, starting October this year, and they will be delivered to a European company by the second half of 2021, Korea Shipbuilding said in an emailed statement. (Photo by Seung-il Ryu/NurPhoto)


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