AsiaContracts and TendersLNG as Fuel

Hyundai Mipo to build four LNG-fueled containerships, one LPG carrier

By LNG Prime Staff
Hyundai Mipo to build four LNG-fueled containerships, one LPG carrier
For illustration only (Image: KSOE)

South Korean shipbuilder Hyundai Mipo has secured orders for four LNG-powered feeder containerships and one LPG carrier.

According to parent Korea Shipbuilding & Offshore Engineering, these orders for five vessels have a price tag of 290 billion won ($235 million).

Hyundai Mipo will build the 22,000-cbm LPG carrier for an unidentified owner in Asia and deliver the 159.9 meters long vessel in the first half of 2024.

As per the LNG-powered feeder containerships, Hyundai Mipo will start delivering these 2,800-teu vessels sequentially from the second half of next year to an unidentified owner in Oceania.

These four vessels are worth about 225.1 billion won ($183 million).

The LNG-dual vessels will be 186 meters long and 35 meters wide.

KSOE did not provide any additional information.

The company and its units won orders for 59 ships worth about $6.37 billion this year.

The shipbuilder has set a target for this year of $17.4 billion, compared to $14.9 billion last year. It secured in total $22.8 billion worth of orders during 2021.

Most Popular

LNG Terminals

Venture Global seeks FERC OK for CP2 LNG expansion

US LNG exporter Venture Global LNG has filed a new application with the US FERC seeking approval to add approximately 11.7 million metric tonnes per annum of capacity at its CP2 LNG project in Louisiana.
Vessels

Yangzijiang charters its first LNG carrier

Chinese private shipyard Yangzijiang Shipbuilding has chartered its first 175,000-cbm liquefied natural gas (LNG) carrier to capitalize on opportunities arising from the volatile market
Research and Development

Knutsen working on nuclear-powered LNG tanker

Norwegian owner Knutsen is exploring the possibility of retrofitting a small nuclear reactor on its steam liquefied natural gas (LNG) carrier.

More News Like This

Research and Development

Trio to work on new LNG carrier design

Classification society Lloyd’s Register (LR) has joined forces with South Korea's HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries to develop a new generation of LNG carrier designs using hybrid electric propulsion.
Vessels

BW orders LNG carrier duo at HD Hyundai Samho

BW LNG, a unit of Singapore-based gas giant BW, has ordered two LNG carriers from South Korea’s HD Hyundai Samho. These vessels are expected to feature three tanks instead of four, according to shipbuilding sources.
Contracts and Tenders

GTT clinches tank gig for Sonangol’s LNG carrier

France’s GTT has secured a new tank design order from HD Korea Shipbuilding & Offshore Engineering for Sonangol's liquefied natural gas (LNG) carrier.
Vessels

HD Hyundai Heavy scores order for LNG carrier quartet

South Korean shipbuilder HD Hyundai Heavy Industries has won a contract to build four liquefied natural gas (LNG) carriers worth approximately $1.04 billion.