KSOE reveals big order for LNG-powered vessels

South Korea’s shipbuilder Korea Shipbuilding & Offshore Engineering has secured an order to build six containerships for an unidentified Asian owner.

The order for the 15,000 TEU vessels has a price tag of 900 billion won ($826 million), the firm said in a filing to the stock exchange.

Furthermore, KSOE’s unit Hyundai Heavy Industries will build four vessels while Hyundai Samho will construct two ships.

The yards will start delivering the vessels from the first half of 2023.

KSOE did not reveal any further info but several local media reports suggest that the vessels would sail on LNG.

To remind, Hyundai Samho is already building six LNG-powered neo-Panamax containerships for Singapore’s Eastern Pacific Shipping.

Moreover, all of the 15,000 TEU vessels will go on charter to French shipping group CMA CGM.

LNG Prime understands that Eastern Pacific Shipping could be the owner behind the latest KSOE order but we could not confirm this information by the time this article was published.

Most Popular

Shell wraps up acquisition of Pavilion Energy

UK-based LNG giant Shell has completed its previously announced acquisition of Singapore's Pavilion Energy.

India’s ONGC approves Mozambique LNG investment

India’s state-run ONGC has approved an investment by its unit, ONGC Videsh, into the TotalEnergies-led Mozambique LNG joint venture, which is developing a 12.8 mtpa liquefaction plant at the Afungi complex.

Australia’s Viva Energy seeks FSRU for Geelong project

Australia’s Viva Energy is looking to secure a floating storage and regasification Unit (FSRU) for its proposed LNG import terminal in Geelong, Australia.

More News Like This

VesselsValue: South Korea’s LNG carrier orderbook worth $71.3 billion

South Korean yards have 276 LNG carriers worth $71.3 billion on order, according to the newest data by Veson Nautical’s VesselsValue.

Knutsen, Orlen name LNG carrier duo in South Korea

Norway’s Knutsen and Poland’s Orlen named two newbuild liquefied natural gas (LNG) carriers in South Korea.

HD Hyundai Samho kicks off work on Nakilat’s LNG carrier

South Korean shipbuilder HD Hyundai Samho has officially started building Nakilat’s first of two LNG carriers as part of an order placed last year.

HD Hyundai Heavy lays keel for Excelerate’s FSRU

South Korean shipbuilder HD Hyundai Heavy Industries has laid the keel for Excelerate Energy's new floating storage and regasification...