"Invest in Offshore Leaders"
Source:Asiasis
2012.11.28
620
It is suggested that investors should invest in shipyards with competitiveness in offshore facilities.
Analyst Kim Hong-Gyun of Dongbu Securities said "While stabilization of global economy will take some time, most of domestic shipyards are likely to see shrinking orderbook."
And he added "Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering, with high competencies in offshore facility, will see steady performance."
He said offshore market has become the mainstream for shipbuilding industries.
2013 will see massive orders for FLNG, deep-sea drillship and FPSO and he said "Investors are suggested that they should draw up a short list of investing shipyards with Samsung and Daewoo in 2013".