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S. KOREAN SHIPBUILDERS NOTCH UP BRISK ORDERS IN FIRST QUARTER.
SEOUL, April 3 Asia Pulse - South Korean shipbuilders racked up large overseas orders in the first quarter, leaving them on course to far exceed yearly targets, industry sources said Sunday.
Hyundai Heavy Industries Co., the world's largest shipbuilder, clinched orders worth US$2.3 billion in the January-March period, compared with its full-year target of .4 billion.
Its two affiliates - Hyundai Mipo Dockyard Co. and Hyundai Samho Heavy Industries Co. - won a combined $2.75 billion worth of orders in the first quarter.
The three shipbuilders are aiming to garner orders worth .5 billion for all of 2006.
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Source: HighBeam Research, S. KOREAN SHIPBUILDERS NOTCH UP BRISK ORDERS IN FIRST QUARTER.