South Korean builders rack up LNG carrier orders
Korea Shipbuilding & Offshore Engineering has won orders for three vessels while compatriot group Samsung Heavy Industries has won two. All the newbuildings are scheduled to be delivered by September 2024
KSOE is doing relatively better as the year closes out, meeting 85% of its order target for 2020. The brighter outlook for the global seaborne LNG market seems to be encouraging more newbuildings