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

Venture Global to introduce gas to tenth Plaquemines liquefaction block

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce natural gas to the tenth liquefaction block at the Plaquemines LNG terminal in Louisiana as part of the plant’s commissioning process.
LNG Terminals

Kimmeridge’s Commonwealth LNG seeks expedited approval from FERC

Kimmeridge's Commonwealth LNG is seeking expedited final approval from the US FERC as it looks to make a final investment decision on its planned LNG export plant in Louisiana later this year.
LNG Terminals

Eni: third phase of YPF’s Argentina LNG project requires $20 billion investment

The third phase of YPF's Argentina LNG export project would require an investment of about $20 billion, according to Eni’s COO of global natural resources, Guido Brusco.

More News Like This

Vessels

HD Hyundai Samho clinches $262 million LNG carrier order

South Korea’s HD Hyundai Samho has secured an order to build one liquefied natural gas (LNG) carrier for about $262 million.
Vessels

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.
Vessels

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...
Vessels

HD Hyundai Heavy to install new type of engine on Excelerate’s FSRU

Excelerate Energy's new floating storage and regasification unit (FSRU), which is currently under construction at South Korean shipbuilder HD Hyundai Heavy Industries, will feature the world’s first H54DF HiMSEN engine.

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