Korean Shipyards Secure 10 LNG Carriers Worth $1.8 Billion
20 May 2026
South Korean shipbuilders have booked orders for 10 liquefied natural gas carriers valued at approximately $1.8 billion, reinforcing the nation’s dominance in the global LNG vessel construction market. The order surge reflects strong demand for LNG transportation capacity amid ongoing supply chain d
South Korean shipbuilders have secured a massive $1.8 billion contract for the construction of 10 state-of-the-art liquefied natural gas (LNG) carriers, further cementing the nation's leadership in the global shipbuilding sector. This surge in orders, driven by rising global demand for cleaner energy transportation, highlights the critical role of South Korea in maintaining the international supply chain. These vessels are expected to feature advanced dual-fuel propulsion systems, setting new benchmarks for efficiency and cargo capacity in the maritime industry.
The operation of these high-capacity LNG carriers must strictly adhere to the International Code for the Construction and Equipment of Ships carrying Liquefied Gases in Bulk (IGC Code) and SOLAS Chapter II-2 regarding fire protection and detection. Furthermore, compliance with MARPOL Annex VI is essential to meet stringent sulfur emission limits and carbon intensity indicator (CII) ratings. Classification societies such as DNV or ABS will oversee the rigorous testing of containment systems to ensure these vessels meet international safety and environmental standards for global trade.
For chief engineers and second engineers, these new builds represent a significant shift toward complex dual-fuel engine management and cryogenic cargo handling systems. These officers must prioritize specialized training in gas-handling operations and emergency response protocols specific to LNG containment. Mastering the integration of automated gas-monitoring systems and advanced ballast water management will be essential for maintaining operational safety and ensuring full regulatory compliance during the vessel's lifecycle in the competitive global LNG shipping market.
Read the full article on Maritime Gateway (India)
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