Mar 29, 2011

Daewoo sees strong LNG ship orders



South Korea's Daewoo Shipbuilding & Marine Engineering believes a loss of nuclear capacity in Japan will further boost a nascent recovery in liquefied natural gas (LNG) ship orders.
"The LNG market has been slowly recovering from virtually zero orders from late 2008 to early 2010...and the nuclear crisis in Japan will obviously boost further growth," Hwang Tae-jin, executive vice president at Daewoo, told Reuters in an interview.
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Source: Forex Pros

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