Samsung eyes Offshore & Green

With the beginning of the new year proving to be rather challenging in the dry bulk industry, most shipowners have scaled back their investment program in order to evaluate the current state of the market.
Korea's Samsung Heavy Industries will intensively engage in the offshore plant market this year.
That is, the yard is aiming to secure a matchless competitiveness that cannot be achieved by late-comers, such as Chinese rivals, by sweeping the high value-added and specialized ship market including LNG-FPSOs and drillships.
Samsung has set its new order target for this year to $11.5bn.
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Source: Asiasis