Korea Shipbuilding & Offshore Engineering: Focus on Order Competitiveness

Korea Shipbuilding & Offshore Engineering (KSOE) is expected to post sales of KRW16tr (+7.7% YoY) and operating profit of KRW59.4bn (-58.4% YoY) for 2021. Sales are set to grow with increasing deliveries on orders secured in large numbers during 2018-2019. Operating profit is projected to fall 58.4% YoY due to: 1) newbuilding price declines on …

The post Korea Shipbuilding & Offshore Engineering: Focus on Order Competitiveness first appeared on Hellenic Shipping News Worldwide.

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