“With investors moving from less safe assets to safer ones, the Japanese yen will rise against the Korean won. As a result, Korean shipyards would gain considerable price competitiveness.”
A lot of people are expecting the positive Brexit effect on global currencies. HHI COO Sam H Ka is one of them.
Brexit could prove to be a boon for Korean yards
“There is a feeling that the future of shipfinance is going to ebb away from London.”
Petrofin