Shipbuilding industry is suggested that a tendency of no charter in drillship sector seems to be resolved and Korean Big3 domestic builders are likely to exceed the order target of 2013.  
Analyst Choi Gwang-Sik at LIG Investment and Securities of Korea has said, “Stock prices in shipbuilding industry have successfully bounced back last week, ending its collapse,” and added, “In terms of winning orders, changes begin to be seen in drillship market which has shown a weak performance for a while.”
Orders for drillship were weak earlier this year however drillship sector is seen to be positive thanks to the news of four charter agreements for drillship signed by Samsung Heavy Industries, Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and etc. last week.
Moreover, the reason behind a weak charter is protracted discussions with prominently increased charter rates and thus, a charter agreement contraction without a decrease in charter rates is not a crisis.
Furthermore, the analyst has said that orders for offshore production facilities and commercial vessels have continued to be relatively firm.
The three large shipbuilders are reported to have secured more than $12bn worth of orders through contracts and letter of intents (LOI) in offshore sector year-to-date and orders for commercial ships have been also stronger than last year’s. Choi added, “The Big3 builders are likely to exceed the order target of 2013 without a difficulty.”