HD KSOE eyes $180.05 bn worth of orders in 2025

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According to the Shipping and Shipbuilding Industry Outlook 2025 report released by the Export-Import Bank of Korea, global new ship orders are expected to reach 42 million CGT (compensated gross tonnage) this year, down 28.8% from 59 million CGT last year.

South Korea’s largest shipbuilder, HD Korea Shipbuilding & Offshore Engineering Co.(HD KSOE), said Friday it aims to win $180.05 billion worth of orders this year.

By affiliate, HD Hyundai Heavy Industries Co.aims to win $9.75 billion worth of ship orders this year, with HD Hyundai Samho and HD Hyundai Mipo Co.targeting $4.57 billion and $3.8 billion, respectively.

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Category: Economy

Markets: South Korea

Topics: Order South Year Aims Orders Korea Hyundai $180 Shipbuilding Billion Target

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-03 @ 15:07:28 (2 days ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 182 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 13 words per sentence (average)

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Copyright Owner: © Korea Economic Daily

News ID: 24843247

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