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China dominates ammonia-carrier orders, threatening Korea’s high-value vessel market lead

Published by Korea Economic Daily · South Korea 14 h ago
China dominates ammonia-carrier orders, threatening Korea’s high-value vessel market lead
Korea Economic Daily

Detailed summary

Chinese shipbuilders have surpassed their South Korean rivals in global orders for very large ammonia carriers (VLACs) for the first time, threatening a lucrat ...

An LNG carrier built by Samsung Heavy Industries Chinese shipbuilders are rapidly expanding their footprint in the high-value liquefied natural gas (LNG) carrier sector, challenging current market leaders HD Hyundai Heavy Industries Co., Hanwha Ocean Co. and Samsung Heavy Industries Co.Global o

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