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South Korea's Shipbuilders Anticipate 115 LNG Carrier Orders Amid Growing Global Demand

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South Korea's shipbuilding industry is set to receive 115 LNG carrier orders in 2025, fueled by new LNG projects and the need to replace aging vessels. Notable contracts include HD Korea Shipbuilding's 1.5 trillion won deal for four carriers and Hanwha Ocean's order for seven carriers valued at 2.5891 trillion won. Despite competition from Chinese shipyards, global shipowners continue to favor South Korean builders for their reliability and expertise.

South Korea's Shipbuilders Anticipate 115 LNG Carrier Orders Amid Growing Global Demand
Jan 22, 2026, 6:09 AM

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