In part of its effort to “wage war on pollution,” as promised by Premier Li Kequiang, China’s shipyards will take upwards of $10 billion in orders for new LNG tankers this decade.

Most of this demand is local, according to Choe Young-keun, an executive on the marketing planning team at South Korea’s Samsung Heavy, competitor in the drill ship, liquefied natural gas (LNG) carrier and FPSO markets. “Hudong-Zhonghua is the only Chinese shipbuilder which has a track record of LNG carrier construction,” Choe said.

Six tankers constructed by Hodong...

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