The Korea Herald

지나쌤

Korea Shipbuilding targets $17.4b in 2022 orders

By Yonhap

Published : Jan. 3, 2022 - 09:35

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A LNG-propelled container carrier built by Hyundai Heavy Industries in September 2020 operates during a sea trial, in this photo provided by Korea Shipbuilding & Offshore Engineering Co. (KSOE) on Monday. (Korea Shipbuilding & Offshore Engineering Co.) A LNG-propelled container carrier built by Hyundai Heavy Industries in September 2020 operates during a sea trial, in this photo provided by Korea Shipbuilding & Offshore Engineering Co. (KSOE) on Monday. (Korea Shipbuilding & Offshore Engineering Co.)
Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Monday it is targeting $17.4 billion in orders this year on improving demand for ships amid the prolonged pandemic.

KSOE is the world's biggest shipbuilder by order backlog and has three affiliates -- Hyundai Heavy Industries Co., Hyundai Mipo Dockyard Co. and Hyundai Samho Heavy Industries Co. -- under its wing.

The order target is up 19 percent from the KSOE's target of $14.9 billion last year, the company said in a regulatory filing. (Yonhap)