Korean Shipbuilders Scores Big, Secures LNG Orders

Capt. John

South Korea’s three major shipbuilders are winning large orders for liquefied natural gas (LNG) carriers in early 2024, indicating their strategies of selectively receiving orders for high value-added ships from their huge backlog of orders are bearing fruit.

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HD Korea Shipbuilding & Offshore Engineering Co., the mid-tier holding company for HD Hyundai Co.’s shipbuilding and maritime business, announced on Monday that it recently signed a contract with an Oceania-based...

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