LNG

The South Korean government has approved a draft law for the nation to be at the forefront of developing eco-friendly ships powered by clean fuel such as LNG at its world-leading shipyards.

Major shipbuilders in South Korea are expecting huge orders for new liquefied natural gas carriers to be placed in the second half of 2019 from the expansion of the Qatar LNG plant at Ras Laffan and from the advance of projects in Mozambique, the US and Russia.