S. Korean shipbuilders win big orders for LNG carriers, VLCCs

Arirang News 2020-12-24

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LNG선•초대형 원유운반선이 한국 '빅3' 수주가뭄 막았다

South Korea's big three shipbuilders have scored big orders at the end of the year, ...offering a bright outlook for 2021 despite the pandemic.
According to industry sources, ...Korea Shipbuilding & Offshore Engineering, Samsung Heavy Industries ...and Daewoo Shipbuilding & Marine Engineering met their annual order target by 91 percent, 65 percent ...and 75 percent, respectively.
The numbers are not far off from last year... thanks to orders of LNG carriers and super-large crude oil carriers.
Of 63 global orders for ultra-large LNG carriers in 2020, ...46 were won by local firms.
South Korean shipbuilders also secured over 80 percent of global V-L-C-C orders.
Experts forecast the big three will continue to win orders in the first half of 2021.

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