S. Korean shipbuilders focus on ammonia-fueled ships amid China’s dominance in methanol

This year, China is securing a significant number of orders for Liquefied Natural Gas (LNG) and methanol-powered vessels. While South Korean shipbuilders, which already have a substantial backlog of orders, maintain a selective order strategy focused on profitability, Chinese companies appear to be filling the remaining demand. South Korean shipbuilding industry plans to keep its … Continue reading S. Korean shipbuilders focus on ammonia-fueled ships amid China’s dominance in methanol