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Korea shipbuilding

Korean Shipbuilding Majors Lean on LNG Orders

Korea’s big three shipbuilders are expected to secure $46.4 billion in 2026 orders and generate combined operating profit of 10.124 trillion won, driven by strong LNG carrier demand and Korea’s dominant market share.

Korean shipyards resist joint AI navigation push

South Korea’s plan to build a shared AI autonomous navigation system with Hanwha Ocean, HD Korea Shipbuilding & Offshore Engineering and Samsung Heavy Industries is meeting resistance as shipyards seek to protect proprietary technology.

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