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    :Korean yard anticipates offshore boom

    Yard News // January 17, 2003
    South Korea's Hyundai Heavy Industries, the world's biggest shipbuilder, says it expects offshore orders to rise by more than a third to $1.5 billion in 2003.

    The Korean yard won new orders worth around $1.1 billion in 2002.

    "We expect about $1.5 billion in offshore engineering project orders this year," said Hyundai.

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