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Tuesday, July 16, 2024

South Korea New Builds May be Canceled

Maritime Activity Reports, Inc.

March 10, 2009

According to a March 10 report from Reuters, South Korea's shipbuilders are showing signs that they will delay or cancel orders. For years, shipbuilders have been a major source of dollars for South Korea, but now this latest news may further erode the won.

(Source: Reuters)