South Korean and Chinese shipbuilders rank among the industry’s top players, particularly for liquefied natural gas (LNG) carriers. Photo: Reuters
South Korean and Chinese shipbuilders rank among the industry’s top players, particularly for liquefied natural gas (LNG) carriers. Photo: Reuters
Ukraine war

South Korean shipbuilders weigh US$6.5 billion cost of Ukraine crisis, but could China reap the benefits?

  • South Korean and Chinese shipbuilders rank among the industry’s top players, but the industry is under pressure from the coronavirus and Russia’s invasion of Ukraine
  • Korean firms face the risk of delayed payments after Seoul backed Western sanctions against Russia, while Chinese firms could benefit from Beijing’s stance

South Korean and Chinese shipbuilders rank among the industry’s top players, particularly for liquefied natural gas (LNG) carriers. Photo: Reuters
South Korean and Chinese shipbuilders rank among the industry’s top players, particularly for liquefied natural gas (LNG) carriers. Photo: Reuters
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