South Korea is on track to win back a 20 per cent share of the world's shipbuilding orders this year. This recovery comes as global demand for new ships declines and the United States takes steps to slow China's maritime power.
The shipbuilding arm of HD Hyundai, HD Korea Shipbuilding & Offshore Engineering, signed a comprehensive memorandum of understanding with India's largest state-owned shipbuilder, Cochin Shipyard Limited (CSL), marking a major step in expanding its footprint in the world's most populous m