Seoul: Shipbuilding orders landed by South Korea declined 29 per cent year-on-year to 2.7 million gross tonnes in the first eight months of this year, but showed signs of an upturn from June, industry sources say. The eight-month figure compared with 3.8 million tonnes received in the same period last year, the Korea Shipbuilders Association said. South Korea's shipbuilding slump began in the fourth quarter last year and was snagged by a lower-price push by Japanese rivals. It has made a steady recovery from June, the association said. Officials attributed the improvement to increasing worldwide demand for new vessels, along with a less aggressive attitude by Japanese shipbuilders who now have a backlog of orders.