Brighter End to The Worst Year In A Decade For Shipbuilding — Panjiva


Brighter End to The Worst Year In A Decade For Shipbuilding

China 1762 Japan 382 South Korea 384 Theme - Shipbuilding 79

The Asian shipbuilding industry saw an uptick in exports in December with exports from China, Japan and South korea combined having risen by 11.2% year over year. For 2018 overall though a prior period of slow orders meant that aggregate exports for the year of $55.5 billion were the worst since at least 2009. South Korean yards, including DSME and Hyundai Shipbuilding did best with a 26.3% jump in exports in December. China’s yards meanwhile saw exports drop 16.1% – a mixture of restructuring led by SASAC and new orders from Cosco Shipping’s Orient Overseas are much ne...

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