U.S. Midterm Results Raise LNG Carrier Order Risks for Korean Shipbuilders

With Democrats securing victories in the U.S. midterm elections, analysts have raised concerns that the order outlook for liquefied natural gas (LNG) carriers — a key revenue source for South Korea's shipbuilding industry — could weaken. Stricter licensing and permitting procedures for LNG export terminals in the United States could delay new projects and, in ...