South Korea's yards look forward to more LNG ship orders

The major South Korean shipbuilders expect to add even more LNG newbuilds to their order books in the coming year. Meanwhile, orders for offshore vessels and rigs are expected to remain low, reports news agency.

Photo: /ritzau/AP/Lee Jin-man

South Korea's three biggest shipyards, Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries, expect to bag even more orders for LNG ships in 2019.

The number of orders for ships built to transport liquefied natural gas is expected to rise to 69 in the coming year, against 65 in 2018 and just 7 in 2017, reports South Korean news agency Yonhap.

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