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flag Three South Korean shipbuilders ranked in the top 10 globally for new orders in 2024, leading in backlog.

flag Three South Korean shipbuilders—Samsung Heavy Industries, Hanwha Ocean Co., and HD Hyundai Samho Heavy Industries Co.—ranked among the top 10 globally for new orders in 2024, according to Clarkson Research Services. flag China's New Times Shipbuilding led the list. flag Despite this, South Korean firms led in order backlog, with HD Hyundai Heavy Industries Co. ranking first with 8.93 million compensated gross tons.

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