HD KSOE receives USD 370 million order for four LNG bunkering vessels

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate holding company of HD Hyundai specialising in shipbuilding, announced on Friday (8 November) it has recently signed a contract to build 4 liquefied natural gas (LNG) bunkering vessels with a shipping company based in Asia.

The total order amount for the 4 LNG bunkering vessels is 514.8 billion KRW (USD 370 million). The newbuildings will be built by HD Hyundai Mipo and scheduled to be delivered by October 2028.

Including these orders, HD KSOE has received orders for a total of 175 ships (including 1 offshore unit) worth USD 19.53 billion to date, achieving 144.6% of the annual order target of USD 13.5 billion (provisional).

By ship type, the company has received orders for 8 LNG carriers, 7 LNG bunkering vessels, 62 PCs, 48 LPG/ammonia carriers, 24 container ships, 3 ethane carrier, 2 liquefied carbon dioxide carriers, 6 VLCCs, 7 tankers, 2 PCTCs, 1 FSRU, 1 offshore and 4 naval ships.

Photo credit: HD Korea Shipbuilding & Offshore Engineering
Published: 12 November 2024