Search results for: South Korea

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A list of search results

  • 18 June 2018

    Liquefied natural gas (LNG) imports into South Korea rose 12.1 percent in May year-on-year, according to the customs data. The country received 2.8 million tonnes of LNG last month, as compared to 2.5 million tonnes in the corresponding month the year before. Qatar remained the dominant source of South Korean imports with 0.87 million tonnes of […]

  • 5 January 2018
    Vessels

    South Korea is looking to boost its shipbuilding industry including the construction of liquefied natural gas (LNG) vessels after the industry suffered big losses last year.

  • 16 April 2018
    Ports & Logistics

    Liquefied natural gas (LNG) imports into South Korea rose 22.5 percent in March year-on-year, according to the customs data. The country received 4.30 million tonnes of LNG last month, as compared to 3.51 million tonnes in the corresponding month the year before. Qatar, the world’s largest LNG exporter, Qatar, remained the dominant source of South […]

  • 14 August 2018
    Ports & Logistics

    South Korea, the world’s second buyer of liquefied natural gas (LNG), received 2.75 million tonnes of LNG in July, a rise of 1.5 percent when compared to 2.70 million tonnes the country imported in the same month last year. Compared to the previous month, LNG imports dropped nearly 27 percent, according to the customs data. The data […]

  • 19 March 2018
    Ports & Logistics

    Liquefied natural gas (LNG) imports into South Korea rose 27 percent in February year-on-year, according to the customs data. The country received 4.59 million tonnes of LNG in February, as compared to 3.60 million tonnes in the corresponding month the year before. Qatar, the world’s largest LNG exporter, Qatar, remained the dominant source of South […]

  • 15 November 2018
    Ports & Logistics

    South Korea, the world’s third buyer of liquefied natural gas (LNG), received 3.79 million tonnes of the chilled fuel in October, a rise of 37.9 percent year-on-year. Compared to the previous month, LNG imports rose 12.7 percent, according to the customs data. The data shows that South Korea paid an average of $11.14 per million […]

  • 13 November 2019

    South Korea grabbed top spot in the global shipbuilding market in October, as liquefied natural gas (LNG) carrier market dominance continues.

  • 12 June 2019

    South Korea, the world’s third buyer of liquefied natural gas (LNG), received 2.97 million tons of LNG in May, 7.2 percent above the 2.77 mtpa in the corresponding month last year. 

  • 12 December 2017

    South Korea is moving forward with plans to promote the use of liquefied natural gas (LNG) as fuel for vessels in a push for green shipping and to comply with the International Maritime Organization’s sulfur cap. The country’s Ministry of Oceans and Fisheries said in a statement it will sign a collaboration agreement with LNG importing […]

  • 15 January 2019
    Ports & Logistics

    South Korea, the world’s third buyer of liquefied natural gas (LNG), received a record 44 million tonnes of the chilled fuel in 2018. Compared to the previous year, LNG imports rose 17.3 percent, according to the customs data. Qatar, the world’s top LNG producer, remained the dominant source of South Korean imports with 14.25 million […]

  • 22 November 2018
    Vessels

    The South Korean government said on Thursday it will support the orders of 140 LNG-powered vessels as part of a package of measures to help small and midsized shipbuilders. While measures in April were aimed to help large shipbuilders such as DSME, HHI and SHI, the latest scheme is geared more toward small and midsized […]

  • 16 January 2018

    Liquefied natural gas (LNG) imports into South Korea rose 4 percent in December year-on-year, boosted by colder weather in the midst of the heating season and lower nuclear generation. The country imported 4.18 million mt of LNG in December as compared to 4.03 million mt in the corresponding month the year before, according to the […]

  • 15 February 2019
    Ports & Logistics

    South Korea, the world’s third buyer of liquefied natural gas (LNG), received 3.83 million tonnes of the chilled fuel in January, a drop of 7.1 percent year-on-year. Qatar, the world’s top LNG producer, remained the dominant source of South Korean imports with 1.17 million tonnes of the fuel imported from Qatar last month, down 28 […]

  • 14 September 2018
    Ports & Logistics

    South Korea, the world’s third buyer of liquefied natural gas (LNG), received 2.92 million tonnes of the chilled fuel in August, a rise of 12.4 percent year-on-year. Compared to the previous month, LNG imports rose 6 percent, according to the customs data. The data shows that South Korea paid $1.54 billion for LNG last month. […]

  • 22 November 2018
    Business & Finance

    South Korea has prepared a financial boost to help the country’s small and mid-sized shipbuilders.

  • 5 April 2018

    South Korea determined on reviving its ailing shipping industry following Hanjin Shipping’s demise.

  • 25 April 2019
    Business & Finance

    South Korea plans to spend USD 60.1 million to support local shipbuilders’ recovery efforts.

  • 5 July 2018
    Authorities & Government

    South Korea’s Ministry of Trade, Industry and Energy (MOTIE) has announced plans for setting up large-scale offshore wind farms as it targets expanding the country’s offshore wind capacity as part of its Renewable Energy 3020 Implementation Plan.

  • 5 July 2018
    Authorities & Government

    South Korea’s Ministry of Trade, Industry and Energy (MOTIE) has announced plans for setting up large-scale offshore wind farms as it targets expanding the country’s offshore wind capacity as part of its Renewable Energy 3020 Implementation Plan.

  • 30 October 2017

    While South Korea is widely considered as the world’s largest offshore rig builder, the country has only one such rig of its own, and is now selling it

  • 29 May 2018

    South Korea designates several areas as industrial crisis zones in an effort to support the ailing shipbuilding industry.

  • 19 April 2019

    South Korea, the world’s third buyer of liquefied natural gas (LNG), received 2.77 million tons of LNG in March, 35.3 percent below 4.28 mtpa in the corresponding month last year.