LNG ship Archives | Be Korea-savvy
S. Korean Shipbuilders Ink 23.6 tln Won Qatar LNG Vessels Reservation Deal

S. Korean Shipbuilders Ink 23.6 tln Won Qatar LNG Vessels Reservation Deal

SEOUL, June 2 (Korea Bizwire) — South Korea’s three largest shipbuilders agreed to a 23.6 trillion won (US$19.2 billion) deal that commits them to reserve their liquefied natural gas (LNG) ship construction capacity to meet future orders from Qatar, the Middle Eastern country’s state-run petroleum company said Monday. Qatar Petroleum said in a press release, [...]

Hyundai Heavy-Daewoo Shipbuilding to Double Combined Orderbook for LNG Ships: Data

Hyundai Heavy-Daewoo Shipbuilding to Double Combined Orderbook for LNG Ships: Data

SEOUL, Feb. 19 (Korea Bizwire) — The proposed merger between Hyundai Heavy Industries (HHI) Co. and Daewoo Shipbuilding and Marine Engineering (DSME) Co. is expected to double the value of their outstanding orders for LNG ships to over US$12 billion, industry data showed on Tuesday. Hyundai Heavy, the world’s largest shipbuilder, is set to formally [...]