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Thursday, April 23, 2026

S. Korean Shipbuilding: Hyundai Dominates

Maritime Activity Reports, Inc.

September 12, 2019

Source: Vessels Value

Source: Vessels Value

According to recent statistics from VesselsValue, South Korea's shipbuilding business today is dominated by Hyundai with an order book backlog that stands at approximately $22 billion, nearly triple that of the next closest competitor in Samsung Heavy Industries. See the chart for full details on the 'Top 5'