South Korea secures 20% of global ship orders as China's lead weakens

Seoul [South Korea], December 29 (ANI): 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.

Korea accounted for a 22 per cent share of the global market from January to November, according to a report by The Korea Herald. Data from Clarkson