AsiaContracts and TendersVessels

Hyundai Heavy nets new order for LNG carriers

By LNG Prime Staff
Hyundai Heavy nets new order for LNG carriers
For illustration only (Image: Hyundai Heavy Industries)

South Korean shipbuilder Hyundai Heavy Industries has won a new contract to build liquefied natural gas (LNG) carriers.

Parent KSOE said in a filing to the stock exchange on Monday HHI would build two LNG carriers for an unidentified owner in Oceania.

Moreover, the deal has a price tag of about 438 billion won ($385 million).

The shipbuilder will deliver the 174,000-cbm LNG carriers by December 2023.

KSOE did not reveal any additional information.

Shipbuilding sources told LNG Prime that Evangelos Marinakis-led Capital Gas could be behind this order for two LNG carriers. This would bring the Greek company’s fleet to nine vessels.

The new order comes just weeks after HHI secured an order to build four 200,000-cbm LNG carriers for delivery in 2023 but also 2024.

Brokers said after this announcement that the yard would build these vessels for Greece’s Dynagas.

Most Popular

LNG Terminals

Glenfarne still expects Texas LNG FID by end of this year

US energy firm Glenfarne confirmed it is targeting a final investment decision on its planned 4 mtpa Texas LNG export project in the port of Brownsville by the end of 2025 after the US FERC issued the final supplemental environmental impact statement for the project.
LNG Terminals

Kosmos: Tortue FLNG to hit full capacity in Q4

UK-based energy giant BP and its partners expect the 2.7 mtpa Golar FLNG Gimi, which serves the Greater Tortue Ahmeyim LNG project offshore Mauritania and Senegal, to reach its nameplate capacity in the fourth quarter of this year, according to US-based Kosmos Energy.
LNG Terminals

Equinor’s Hammerfest LNG back online after maintenance

Norwegian energy firm Equinor has resumed operations at its 4.3 mtpa Hammerfest LNG export plant following an extended maintenance shutdown, a spokesperson for Equinor told LNG Prime on Monday.

More News Like This

Vessels

HD Hyundai Heavy kicks off work on Gdansk FSRU

South Korean shipbuilder HD Hyundai Heavy Industries has officially started building MOL's floating storage and regasification unit (FSRU), which will serve Gaz-System's Gdansk LNG project in Poland.
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.

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