Shipbuilders Lead Asian Market Decline

Friday, September 23, 2011

Seoul shares finished down 5.7 percent on Friday, their biggest daily percentage loss in five weeks, with foreign investors taking flight as concerns about global economic stagnation deepened, according to a report on Reuters. Hyundai Heavy Industries , the world's top shipyard, ended 8.1 percent lower and Daewoo Shipbuilding & Marine Engineering lost 10.5 percent.
 

Categories: Finance Shipbuilding

Related Stories

Morocco’s Marsa Maroc to Acquire 45% Stake in Spain’s Boluda Maritime Terminals

Class NK GDA for World First Vessel Tank Tech

Diesel-Electric Vessel MV Vertom Quina Launched

Current News

Morocco’s Marsa Maroc to Acquire 45% Stake in Spain’s Boluda Maritime Terminals

Applied Acoustics Deploys Pyxis INS + USBL System for SEP Hydrographic

800-Ton Goliath Crane Takes Shape in Port of Chioggia

Renewable Propane Delivers Clean Energy Without the Wait

Subscribe for Maritime Logistics Professional E‑News