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Article: BRIEFING - ASIA SHIPPING - NOV 6, 2009.

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AsiaPulse News
Article date:
November 6, 2009
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An executive briefing on shipping for Nov 6, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

S. KOREAN SHIPBUILDERS OVERTAKEN BY CHINESE RIVALS: REPORT

SEOUL - South Korean shipbuilders were outpaced by their Chinese rivals in the number of new orders received this year and order backlogs, according to a London-based market researcher Friday.

Korean shipbuilders such as Hyundai Heavy Industries Co. and Samsung Heavy Industries Co. (KSE:010140) won a combined 1.64 million compensated gross tons (CGTs) in new orders in the first 10 ...

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