Major South Korean yard confident in construction boom of methanol-powered ships

Korea Shipbuilding & Offshore Engineering, which is engaged in tough competition with Chinese shipyards, predicts a large increase in manufacturing of methanol-fueled ships in the coming years, writes Financial Times.

Photo: Aly Song/Reuters/Ritzau Scanpix

One of the world’s largest shipyards, Korea Shipbuilding & Offshore Engineering, expects a boom in construction of methanol-powered ships over the next ten years.

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