SEOUL -- Struggling South Korean shipbuilders are finding opportunities in Russia, with the recent delivery of the world's first icebreaking liquefied natural gas carrier there as well as the launch of a joint venture with a local shipping company.
Russian President Vladimir Putin attended the naming ceremony of an icebreaker LNG ship built by Daewoo Shipbuilding & Marine Engineering in St. Petersburg Saturday. The $320 million vessel was delivered to Sovcomflot, a Russian shipping company in March.
