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HD Korea Shipbuilding & Offshore Engineering To Build 2 LNG Carriers for African Shipping Company

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on May 3 that it has signed a contract to build two LNG carriers with a shipping company based in Africa.

The total order amount is 733.4 billion KRW.

The two LNG carriers will be built by HD Hyundai Heavy Industries and are scheduled to be delivered by May 2028.

Including this order, HD Korea Shipbuilding & Offshore Engineering has received orders for a total of 96 ships (including 1 offshore unit) worth 11.1 billion USD to date, achieving 82.2% of the annual order target of 13.5 billion USD (provisional).

By ship type, the company has received orders for 8 LNG carriers, 32 PCs, 36 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

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