South Korea’s leading shipbuilding companies retained the top spots in the world in order backlogs despite facing massive restructuring.
 
British maritime market researcher, Clarkson Research Services, said that Daewoo Shipbuilding and Marine Engineering’s Okpo Shipyard had the largest backlog in the world with 118 ships waiting to be built, or a backlog of seven-point-82 million compensated gross tons(CGT) as of the end of March. The shipyard had the largest backlog of ships in November 2014 and has remained in the top spot ever since.
 
Hyundai Heavy Industries’ shipyard in Ulsan ranked second with a backlog of 95 ships, followed by Samsung Heavy Industries’ shipyard in Geoje and Hyundai Samho Heavy Industries.