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Half of global LNG will sit in two countries by 2030, making floating LNG the primary route to supply diversification.
By 2030, roughly half of global LNG production capacity will sit in two countries. Under an extended disruption to Gulf LNG supply, Wood Mackenzie estimates global availability could run approximately 70 mmtpa below pre-conflict levels to 2035. Seven floating LNG...
HJ Shipbuilding names eco-friendly 7900 TEU ship garnet to bolster Korea’s green push
HJ Shipbuilding & Construction said on the 30th that it held a naming ceremony for an eco-friendly 7,900-TEU (1 TEU is one 20-foot container) container ship at the Busan Yeongdo shipyard. At the naming ceremony held on the 29th of this month, Konstantinos...
Lee eyes next chapter upon completion of Aegis fleet
President Lee Jae Myung on Wednesday marked the completion of South Korea’s decadeslong Aegis destroyer buildup by setting out the next steps for the country’s shipbuilding and defence industries. Presiding over the launch ceremony of the ROKS Daeho Kim Jong Seo in...
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