Steel News

We strive to let you one step ahead of the market.

South Korea's shipyards secure strong orders, reclaiming over 20% global share

30 Dec 2025 16:28 reported by Vicky Wang

A A A
Clarkson Research's latest report reveals that in the first 11 months of 2025, South Korean shipbuilders clinched new ship orders totaling 10.03 million compensated gross tonnage (CGT) across 223 vessels, capturing 22% of the global market. 

Even amidst a sluggish international shipbuilding market, South Korea remains resilient thanks to its high-end vessel designs and technological prowess. Experts predict that after a year-end push, its market share will steadily exceed 20%, highlighting its remarkable market resilience. 

While China initially led the market with low prices, its advantage is gradually diminishing, and US policies are further fueling South Korea's comeback, subtly reshaping the overall industrial landscape.

Back to Steel News

Related News

International crude oil prices plummet on May 6

  • Others
  • 7 May 2026 15:25

Green trade takes center stage at 2026 Taiwan International Fastener Show

  • Others
  • 22 Apr 2026 16:50

China's real estate investment drops 11.2% in Q1 2026

  • Others
  • 22 Apr 2026 12:15

Taiwan's fastener exports rebound in Mar m-o-m, overall remain under pressure

  • Others
  • 17 Apr 2026 14:02

International crude oil prices keep rising on Apr 16

  • Others
  • 17 Apr 2026 13:45

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 3,515.00
  • 3,527.00
  • Aluminum
  • 3,664.00
  • 3,611.00
  • Copper
  • 13,409.00
  • 13,480.00
  • Nickel
  • 18,790.00
  • 18,990.00

Learn more