Orders at Korean Shipbuilders to Break 30 bln dollars

Korea's three major shipbuilders are expected to draw in orders worth 30 billion dollars this year, Arirang News reported.
Industry reports put orders for Hyundai Heavy Industries(HHI) at 13 billion dollars, Samsung Heavy Industries(SHI) at 10~11 billion dollars, and Daewoo Shipbuilding and Marine Engineering(DSME) at 10 billion dollars. Samsung Heavy Industries won the most number of orders as of March with four liquid natural gas tankers, one floating production storage, one offloading vessel, and nine oil tankers. Daewoo Shipbuilding and Hyundai Heavy Industries is also reportedly looking ahead to a stellar year and expected to secure their targets set for 2007 when foreign firms begin placing orders for various projects later on in the year.