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South Korean shipbuilders weigh US$6.5 billion cost of Ukraine crisis, but could China reap the benefits?

Summary:
[unable to retrieve full-text content]Russia’s invasion of Ukraine, which has added to disruptions caused by the ongoing coronavirus pandemic, has created increasing uncertainty for most industries, with shipbuilding one of them. South Korean and Chinese shipbuilders rank among the industry’s top players, and as tensions are growing, the impact of the geopolitical decisions made in both Seoul and Beijing over the Ukraine crisis are starting to filter through. Firms in South Korea face the risk of delayed payments from Russian…

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[unable to retrieve full-text content]
Russia’s invasion of Ukraine, which has added to disruptions caused by the ongoing coronavirus pandemic, has created increasing uncertainty for most industries, with shipbuilding one of them. South Korean and Chinese shipbuilders rank among the industry’s top players, and as tensions are growing, the impact of the geopolitical decisions made in both Seoul and Beijing over the Ukraine crisis are starting to filter through. Firms in South Korea face the risk of delayed payments from Russian…

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