The LNG carrier Prism Courage, which Hyundai Heavy Industries built in 2021 and delivered to SK Shipping / Courtesy of Hyundai Heavy Industries

South Korean shipbuilders won more than half of new global ship orders in July to take the top spot in the world for the third straight month, industry data showed Tuesday.

Local shipyards, led by Hyundai Heavy Industries Co., clinched 1.16 million compensated gross tons (CGTs) in new orders last month, or 55 percent of the global total of 2.1 million CGTs, according to data from global market researcher Clarkson Research Service.

Chinese shipbuilders won 620,000 CGTs in July, taking up 30 percent of the world total and placing second.

In the first seven months of the year, South Korean shipyards clinched 11.13 million CGTs in new orders, or 47 percent of the global total.