LNG Carriers Archives | Be Korea-savvy
Korean Shippers Set to Join Hands to Win Huge LNG Shipping Orders from Qatar

Korean Shippers Set to Join Hands to Win Huge LNG Shipping Orders from Qatar

SEOUL, Oct. 13 (Korea Bizwire) — South Korean shippers are considering joining hands to win massive liquefied natural gas (LNG) transportation orders to be placed by Qatar, industry sources said Sunday. Five bulkers — reportedly Korea Line Corp., Pan Ocean Co., SK Shipping Co., Hyundai LNG Shipping Co. and H-Line Shipping Co. — are set [...]

S. Korea Recaptures No. 1 Spot in Shipbuilding Orders in 2018

S. Korea Recaptures No. 1 Spot in Shipbuilding Orders in 2018

SEOUL, Jan. 8 (Korea Bizwire) — South Korean shipyards, for the first time in seven years, ranked No. 1 in 2018 in terms of annual orders secured, industry data showed Tuesday. According to the data compiled by global research firm Clarkson Research Institute, local shipbuilders clinched new orders totaling a combined 12.63 million compensated gross [...]

S. Korean Shipbuilders Fare Well on Surge of LNG Carrier Orders

S. Korean Shipbuilders Fare Well on Surge of LNG Carrier Orders

SEOUL, Dec. 9 (Korea Bizwire) – South Korea’s major shipyards have shown decent performances this year on the back of a surge in orders to build LNG carriers, industry data showed Sunday. For the year up to Thursday, 52 orders for LNG carriers were received by local entities, with Hyundai Heavy Industries Co. bagging the [...]

Outlook for South Korean Shipbuilders Turns Positive as Demand for LNG Carriers Expected to Increase

Outlook for South Korean Shipbuilders Turns Positive as Demand for LNG Carriers Expected to Increase

SEOUL, Oct. 16 (Korea Bizwire) – Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering and Samsung Heavy Industries, the top shipbuilders in the country, are struggling from lack of work caused by falling demand for new vessels. According to recent industry data, however, that could change in the not-too-distant future thanks to a projected rise [...]