HD Korea Shipbuilding & Offshore Engineering To Build Two VLACs

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on July 4 that it has recently signed a contract to build two VLACs with a shipping company based in Europe.

The total order amount is 328.6 billion KRW.

The two VLACs will be built by HD Hyundai Samho and are scheduled to be delivered by September 2028.

Including this order, HD Korea Shipbuilding & Offshore Engineering has received orders for a total of 118 ships (including 1 offshore unit) worth 12.59 billion USD to date, achieving 93.2% of the annual order target of 13.5 billion USD (provisional).

By ship type, the company has received orders for 8 LNG carriers, 52 PCs, 38 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