Tuesday, November 10, 2026

East Asia Brief

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Chinese shipbuilders surpass South Korea in October LNG orders

Yards in China took five of seven large gas carrier contracts during the month, claiming a 71.4% share in a segment long led by Seoul.

A shipyard worker inspects the curved metal hull of a vessel under construction in a large industrial shipyard facility. (AI-generated image)
A shipyard worker inspects the curved metal hull of a vessel under construction in a large industrial shipyard facility. (AI-generated image)

Chinese shipbuilders captured 71.4% of global orders for large liquefied natural gas carriers in October, surpassing South Korea on a monthly basis for the first time, Clarksons Research reported Nov. 9, 2026.

Chinese yards secured five of seven large LNG vessels ordered worldwide during the month. South Korean shipbuilders booked the remaining two hulls, marking an unexpected reversal in a specialized segment long dominated by Korean yards.

The documents behind this briefing are linked above. East Asia Brief produces its English text with AI assistance under human editorial review, and does not translate or republish other outlets' articles. See our methodology and AI policy. Spotted an error? Tell us.

MO

Mina Okoro

Supply chain editor — Mina Okoro builds the impact maps that connect East Asian developments to buyers in North America and Europe, and edits the Asia Compare desk.

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