Shipyards in South Korea are expecting to receive similarly high order levels for LNG - powered vessels this year to those received in 2018 , according to experts . The Philippines , which led the market for such vessels last year with 60 orders , is projected to win a similar volume this year as LNG fuel continues to grow in popularity as a marine fuel source . Local shipyards, led by Hyundai Heavy Industries Co., bagged orders to build a total of 60 LNG ships last year, almost sweeping all such deals placed around the world and making up for dearth of demand for high-priced offshore facilities. The shipyards , which include facilities operated by Hyundai Heavy , Daewoo Heavy & Marine Engineering and Samsung Heavy Industries , have raised their order levels for 2019 by between 20 % and 30 % as they seek to capitalise on the growing demand .
Shipyards in South Korea are expecting to receive similarly high order levels for LNG - powered vessels this year to those received in 2018 , according to experts . The Philippines , which led the market for such vessels last year with 60 orders , is projected to win a similar volume this year as LNG fuel continues to grow in popularity as a marine fuel source . The shipyards , which include facilities operated by Hyundai Heavy , Daewoo Heavy & Marine Engineering and Samsung Heavy Industries , have raised their order levels for 2019 by between 20 % and 30 % as they seek to capitalise on the growing demand .