South Korea to help shipbuilders after global first quarter 70 percent drop in newbuild orders
The South Korea government said it would spare no efforts to help the nation’s shipyards, the largest builders of LNG carriers, to traverse the current double challenge of the coronavirus pandemic and the spending cuts proposed by the energy industry after the oil price slump.
South Korea maintains edge over China and Japan on LNG carriers ahead of yards merger
South Korea said the nation’s shipbuilders are maintaining their competitive edge over China and Japan in orders so far this year for high-value ships such as liquefied natural gas carriers and very large crude carriers as the merger of Hyundai Heavy Industries and Daewoo Shipbuilding and Marine Engineering remains on track.
NYK Line signs fourth long-term LNG carrier charter with French energy major Total
Japanese shipowner NYK Line said it signed a new long-term charter contract to supply a liquefied natural gas carrier to French energy major Total.
South Korea and Singapore pledge closer LNG and energy ties at start of three days of talks
South Korean President Moon Jae-in and Singaporean Prime Minister Lee Hsien Loong have held talks in the Asian city state and agreed to further strengthen economic cooperation in liquefied natural gas and energy as well as in other sectors.
