24 August 2026
The Problems for South Korea Shipbuilding Industry

South Korean shipbuilders had led the industry but are facing growing challenges and recently slipped back into second place for new orders.

South Korean shipbuilders had led the industry but are facing growing challenges and recently slipped back into second place for new orders.

Natural gas imports increased by 13.26% while exports almost tripled (294.73%) compared to the same period in 2021.

Corinth Pipeworks will fabricate and supply the piping for the Alexandroupolis FSRU natural gas pipeline by Gastrade.
The MAN ES FGSS system sends boil-off gas to ME-GI main engine via BOG compressor and thus minimises methane slip.

Alexandroupolis forms a new gateway to energy security and autonomy for Greece and SE Europe through the FSRU project with Gastrade.

The Havila Capella is environmentally friendly, powered by batteries and clean hydropower. Hence taking the 'Next Generation Ship Award'.

ClassNK has issued an AiP for the design of an ammonia-ready LNG-fuelled Panamax bulk carrier, developed by GSC.

Greek LNG imports have boomed due to higher volumes supplied from the US, according to DESFA’s data for the first quarter of 2022.
A containership has reduced its GHG emissions by 27%. Achieving this by operating on SNG and conventional LNG, compared to LNG alone.

Lithuania gas network has completely abandoned Russia's supply. Hence, satisfying all its gas demand through the Klaipeda LNG terminal.