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. ’s orders worth $7.8 billion. The country, which dominated the market for such vessels 2018 with 1 orders, is projected to win a similar volume this year as Samsung Heavy Industries fuel continues to grow in popularity as a marine fuel source. The shipyards, which include facilities operated by Hyundai Heavy , LNG and Samsung Heavy Industries , have raised their order targets for last year by between 10% and 24% 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 country, which dominated the market for such vessels 2018 with 1 orders, is projected to win a similar volume this year as Samsung Heavy Industries fuel continues to grow in popularity as a marine fuel source. The shipyards, which include facilities operated by Hyundai Heavy , LNG and Samsung Heavy Industries , have raised their order targets for last year by between 10% and 24% as they seek to capitalise on the growing demand.