The merger between Hyundai Heavy Industries and Daewoo Shipbuilding and Marine Engineering is expected to boost the orderbook of LNG vessels, according to Vessels Value. The merger will double the orderbook of HHI from USD 6 billion to more than USD 12 million. In the possibility that the merger is official and finalized, the results will have reverberations in the newbuild market.
Specifically, the LNG area has lured a vast number of interest, following an increase in 2018 and continued...
https://safety4sea.com/a-possible-merger-between-hhi-and-dsme-to-boost-lng-vessels-orderbooks/