Suppliers

Investment company plans huge LNG order for South Korea

A company made up of of Canadian and Australian investors is gearing up to place a huge order for LNG vessels worth more than USD 3 billion at the struggling South Korean shipyards, writes Reuters.
BY DANIEL LOGAN BERG-MUNCH

Good news could well be on the way to the ailing South Korean shipyards desperate for new orders from a shipping industry which has pulled the brakes on new orders due to overcapacity and record-low rates.

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

    Related articles

    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

    Jobs