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Global NB orders expected to see 26% up in 2020
[Shipbuilding]
A Korean industry expert forecasted that a global contracting in shipbuilding industry will see a 26% year-on-year growth in 2020 when there will be a 24% y-o-y increase in Korean shipyards' order intakes. Yang Jong-seo, a Senior researcher fr...
2019-11-12 08:50:11
Seven interested in buying Sungdong
[Finance]
Sungdong Shipbuilding & Marine Engineering received letters of intent (LOI) from seven potential buyers by November 8 for its fourth M&A procedure. According to investment bank industry, Samil PwC, advisor for the sale of Sungdon...
2019-11-12 08:49:27
Ulsan sent technology research group to Oman
[Equipment]
The government of Ulsan Metropolitan City and Ulsan Technopark announced on November 7 that they sent a technology research group comprised of seven experts and businessmen from local shipbuilding equipment industry to Oman from October 31 to Nov...
2019-11-12 08:47:25
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