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LR takes just under 30% of China and Korea newbuilding orders in 2010

LR takes just under 30% of China and Korea newbuilding orders in 2010

Shanghai: Lloyd's Register (LR) says it will be classing just under 30% of all new ships ordered at Chinese and South Korean yards last year. LR said it would be classing 29.6% of new orders made at China yards and 28.3% at South Korean yards based on figures for the numbers of ships ordered compiled by Clarkson Research Services. The classification society noted strength in traditional areas such as Greece the continued expansion of Asian shipowning was driving demand. "It's been an exciting year," said Nick Brown, marine country manager, China. "We have made a huge investment in China and have developed innovative services to support Chinese shipbuilders and both Chinese and international owners building in China. We have been listening to yards and owners and providing the services that they need. It's very rewarding to see the market recognising this investment and placing their trust in Lloyd's Register in China." [19/01/11]

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