Korean Shipbuilding Industry Piles Up Record Orders, Workforce Shrinks by 44%… Employment Clashes Over Expansion of Overseas Shipyards

Adam Kent , Managing Director at Marine Strategy International (MSI) , predicted that global ship deliveries scheduled for 2028 could double from the 2025 level of approximately 75 million GT ( gross tonnage ) . It is pointed out that oversupply could occur if a slowdown in global cargo volume or geopolitical conflicts coincide with a surge in orders currently filling shipyard docks. Read more at Global Economic News