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CX Daily: South Korea Likely To Outpace China In New Shipbuilding Orders In Second Half, Report Says
Since last year, demand for shipping has grown rapidly, as a number of countries import more daily necessities and medical goods and equipment due to Covid-19-induced disruptions in their domestic production. Photo: VCG
Shipbuilding /
China is on track
to be overtaken by South Korea in shipbuilding orders in the second half of the year, a new report argues, as rising raw material costs erode local shipbuilders’ advantages and discourage them to seek new business while those in their eastern neighbor rack up orders. ....

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