Most Popular
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Tensions heighten ahead of first president-opposition chief meeting
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Seoul to provide housing subsidy to married couples with newborns
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Rapper jailed after public street fight with another rapper
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[KH Explains] No more 'Michael' at Kakao Games
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Yoon, Lee end first talks with differences, agree to meet more
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Woman gets suspended term for injuring boyfriend with knife
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China outpaces Korea in smaller OLED shipments for 1st time
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[Grace Kao] Hybe vs. Ador: Inspiration, imitation and plagiarism
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NewJeans pops out ‘Bubble Gum’ video amid troubles at agency
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Samsung chief bolsters ties with Germany’s Zeiss
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Hyundai Glovis Co., the logistics unit of Hyundai Motor Group, said Tuesday it has signed a long-term liquefied natural gas (LNG) shipping deal with Australian energy firm Woodside.
Hyundai Glovis has ordered a local shipbuilder to build an LNG ship to transport LNG for Woodside. Once the ship is delivered in late 2024, the company will begin shipping, a company spokesman said.
Hyundai Glovis is the first Asian shipping company to sign an LNG shipping deal with Woodside.
The company said it will deliver LNG produced in Australia to "global demand sources," such as Northeast Asia.
Hyundai Glovis, which has focused on shipping vehicles for its affiliates Hyundai Motor Co. and Kia Corp., aims to strengthen its presence in the rapidly growing LNG shipping market. (Yonhap)
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