Shipbuilding stocks rally over hope for super cycle | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Shipbuilding stocks are rallying on the back of anticipation for a “super cycle” - a period of demand-driven expansion that many market observers say takes place every 30 years in the industry.
HD Korea Shipbuilding Offshore Engineering said Monday it has won a 414.5 billion-won ($311 million) order to build five container vessels for a European shipper.
HD Korea Shipbuilding Offshore Engineering said Thursday it has won a 367.4 billion-won ($276 million) order to build four liquefied petroleum gas (LPG) carriers for an Asian shipper.
Korean shipbuilding, oil refining and machinery conglomerate HD Hyundai said Tuesday its shipbuilding units have obtained a global certification for their efforts to promote an anti-bribery corporate culture.