AsiaContracts and TendersLNG as Fuel

KSOE reveals big order for LNG-powered vessels

By LNG Prime Staff
KSOE reveals big order for LNG-powered container ships
Image: Hyundai Heavy Industries

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

LNG as Fuel

Yang Ming books LNG-powered containerships in South Korea

Taiwan’s Yang Ming Marine Transport has decided to order LNG dual-fuel container vessels from South Korea's Hanwha Ocean as part of its ongoing fleet optimization plan.
Contracts and Tenders

Sabah to take stake in Petronas’ third FLNG

SMJ Energy, owned by the Sabah government, has signed a heads of agreement with Malaysian energy giant Petronas to take a 25 percent stake in the latter's third floating LNG production unit.
LNG Terminals

Japan’s LNG imports drop in June

Japan’s liquefied natural gas (LNG) imports dropped by 2.8 percent in June compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.

More News Like This

Vessels

Excelerate’s FSRU launched in South Korea

South Korean shipbuilder HD Hyundai Heavy Industries has launched Excelerate Energy’s new floating storage and regasification unit (FSRU).
LNG as Fuel

GTT clinches tank gig for Capital’s LNG-powered containerships

French LNG containment giant GTT has secured a tank design order for six Capital's LNG-fueled container vessels.
Vessels

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.
Vessels

HD Hyundai Samho scores contract to build LNG carrier quartet

South Korea’s HD Hyundai Samho has secured an order to build four liquefied natural gas (LNG) carriers for about $1.03 billion.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA