18JUN2019 - NEWS - Positive outlook for korean shipbuilding industry in H2 2019

During an industry outlook seminar for the second half of 2019 organized by the Federation of Korean Industries, analysts projected that the shipbuilding sector will see earnings recovery in the remaining year. Korean shipbuilders are forecast to see an improvement in earnings in the second half of this year as the industry-wide restructuring is near to end, analysts said. A rise in demand for liquefied natural gas (LNG) is also expected to give a boost to the industry. 

Demand for high value-added petrochemical products is expected to rise in the second half of this year ahead of the new emissions regulations by IMO for 2020.

Published by Editor - www.Livebunkers.com at 18-Jun-2019 04:13:46 [UTC] , contact editor at editor@livebunkers.com