Daewoo Sees Strong LNG Ship Orders

Wednesday, March 30, 2011

According a report from Reuters,  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. Daewoo shares have risen more than 8% since the March 11 earthquake as Japan's anticipated increase in demand brews hopes for rising LNG ship orders, say analysts, while the overall market has risen 6% percent in the same period.

(Source: Reuters)

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