Hyundai Heavy, Nigeria to Set up LNG Shipping Firm
The shipbuilder will eventually deliver crude and oil products after initially focusing on LNG, Hyundai said. Earlier this year, Daewoo Shipbuilding and Marine Engineering Co. Ltd. said it will set up a similar shipping firm with NNPC, a joint venture called Nigeria Daewoo Shipping Ltd., which will transport merchant goods, crude oil and petroleum products. Source: Reuters