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HD Korea Shipbuilding wins 4 LNG carrier order, advances toward 2024 target

HD Korea Shipbuilding & Offshore Engineering, the intermediate shipbuilding holding company of HD Hyundai, said on the 5th that it signed a construction contract with a shipping company in the Americas for four liquefied natural gas (LNG) carriers.

The order is worth a total of 1.4872 trillion won, and the vessels will be built by HD Hyundai Heavy Industries and delivered by the second half of 2029.

Including this order, HD Korea Shipbuilding & Offshore Engineering has secured a total of $4.38 billion (29 ships) to date, achieving 18.8% of its annual order target ($23.31 billion).

By ship type, the company won orders for 10 LNG carriers, 10 container ships, three liquefied petroleum gas (LPG) and ammonia carriers, four crude oil carriers, and two petrochemical product carriers (PC ships).
Source: ChosunBiz



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