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2006 November 2   07:09

Orders won by S. Korean shipbuilders likely to top 20 mln CGTs in 2006

Combined orders clinched by South Korean shipbuilders are likely to top 20 million compensated gross tons (CGTs) this year on the back of increased high-value-added ship orders, an industry association said Thursday.

The local shipyards received orders for 380 vessels amounting to 15.58 million CGTs in the January-September period, up 61.2 percent from the previous year, the Korea Shipbuilders' Association said.

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