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Asia Pacific Containers Tankers and Gas

DSME sets lower order target as it emphasises profit margin

The nearly $7bn target for 2023 is 22% lower compared with that for 2022, or just about two thirds of the $10.4bn worth of orders that have been achieved in the past year

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Move comes as ordering activity is expected to soften this year after a strong rebound since late 2020, while at the same time shipyards with fully booked slots until 2026 are turning their attention to margin rather than ship volume

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