LNG ships will soon account for most of DSME's revenue

For the first time ever, LNG ships look set to account for more than half of the revenue at South Korea's Daewoo Shipbuilding & Marine Engineering. After a profit last year, a new deficit looms in 2019.
Photo: /ritzau/AP/Kim Dong-min
Photo: /ritzau/AP/Kim Dong-min

More than half of the order book at South Korea's Daewoo Shipbuilding & Marine Engineering, DSME, the world's second-largest shipyard, will soon be made up of LNG carriers, said the yard at a recent investor meeting according to South Korean media.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading