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South Korea's ship engine exports to China reached $1.286 billion in 2022, marking a 24% increase from the previous year, driven by the growth of China's shipbuilding industry. Major contracts were secured by Hanwha Engine and HD Hyundai Marine Engine, with a significant portion of orders coming from Chinese shipyards. The demand for Korean dual-fuel engines is anticipated to rise due to their reliability, alongside ongoing investments in electric and ammonia dual-fuel technologies.