Daechang Solution "Orders for Core Joseon Parts MBS Tripled Year-on-Year... Turnaround Expected in Second Half"

[Asia Economy Reporter Yoo Hyun-seok] Daechang Solution announced on the 9th that the cumulative order volume of MBS (Main Bearing Supporter), a core component in shipbuilding, has increased by approximately 285% compared to the same period last year.

MBS is a key component in shipbuilding that constitutes the engine block and supports the impact on the engine main shaft. It is a cast steel structure that supports the crankshaft in ship diesel engines. This product withstands repetitive mechanical stress caused by engine vibrations at the bottom of the engine assembly throughout the entire service life of the ship.

The domestic shipbuilding industry is also hearing order news centered on large corporations. As of May, the total new orders of the three domestic shipbuilders this year amount to $17.14 billion. This corresponds to 54.2% of the combined annual target of $31.6 billion for the three companies. In just five months, they have achieved more than half of their business goal. Daechang Solution expects to grow together with this shipbuilding market trend.

A Daechang Solution official said, “As the global economy recovers due to COVID-19 vaccinations, the shipbuilding industry appears to have entered the early stage of a super cycle. Daechang Solution’s MBS is a core component in shipbuilding, and the order volume is expected to increase further in the second half of the year, leading to a turnaround in performance.”

This content was produced with the assistance of AI translation services.