Samsung Heavy Industries is looking to take advantage of rising newbuilding demand for LNG carriers — but it may face fierce competition from other South Korean yards.
Based on SHI’s estimates, LNG liquefaction project developers Qatargas, Mozambique LNG, ExxonMobil and Novatek are set to start finalising contracts for up to 91 vessels in the coming quarters.
“The most exciting area is the LNG sector.
