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LNG orders to China and Korea

LNG orders to China and Korea
Liquefied natural gas operators may place orders for new vessels at shipyards in China and South Korea as explorers including Exxon Mobil Corp. and Chevron Corp.

Chinese, Korean yards may get more LNG tanker orders.

Liquefied natural gas operators may place orders for new vessels at shipyards in China and South Korea as explorers including Exxon Mobil Corp. and Chevron Corp. approve multibillon-dollar ventures, a consultant said. Yards may get orders to build as many as 15 of these refrigerated fuel tankers this year compared with none confirmed last year and six in 2008, Navin Thakur, LNG shipping analyst for Drewry Maritime Services Ltd., said in a phone interview yesterday from Gurgaon, near New Delhi.

"New LNG projects may be approved this year, increasing demand for ships," Thakur said.

www.turkishmaritime.com.tr

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