South Korea won a massive shipbuilding deal this week following a quiet period with little new business for Korea. The country has landed a US$3.9 billion agreement to build a big series of liquefied natural gas (LNG) carriers for the Middle East. China won a US$1 billion order from Europe for environmentally friendly container ships. Japan got tanker orders from Europe. A contract for environmentally friendly cruise ships was confirmed for a European yard while a Scandinavian yard also won a major order for a cable laying vessel.