HD Korea Shipbuilding & Offshore Engineering Announces New Orders

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on July 8 that it has recently signed a contract to build two VLGCs with a shipping company based in Middle East.

– The total order amount is 343 billion KRW.

– The two VLGCs will be built by HD Hyundai Heavy Industries and are scheduled to be delivered by June 2027.

[Order Announcement #2 ]

– HD Korea Shipbuilding & Offshore Engineering announced on July 8 that it has recently signed a contract to build two PCs with a shipping company based in Oceania.
– The total order amount is 149.5 billion KRW.
– The two PCs will be built by HD Hyundai Mipo and are scheduled to be delivered by March 2027.

[Including the disclosures on July 8]

– Including these orders, HD Korea Shipbuilding & Offshore Engineering has received orders for a total of 122 ships (including 1 offshore unit) worth 12.95 billion USD to date, achieving 95.9% of the annual order target of 13.5 billion USD (provisional).
– By ship type, the company has received orders for 8 LNG carriers, 54 PCs, 40 LPG/ammonia carriers, 1 ethane carrier, 2 liquefied carbon dioxide carriers, 6 VLCCs, 3 tankers, 2 PCTCs, 1 FSRU, 1 offshore and 4 naval ships.
Source: HD Korea Shipbuilding & Offshore Engineering