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 to place first Plaquemines LNG phase in service

Venture Global's Plaquemines LNG is seeking approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.
LNG Terminals

US LNG exports rise to 37 shipments

US liquefied natural gas (LNG) plants sent 37 cargoes during the week ending September 30, up four shipments from the previous week, according to the Energy Information Administration.
Vessels

Samsung Heavy nets order for two LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build two liquefied natural gas (LNG) carriers for approximately $494 million.

More News Like This

Vessels

HD Hyundai Heavy to build FSRU, LNG carrier

South Korean shipbuilder HD Hyundai Heavy Industries has won contracts worth approximately $574 million to build one floating storage and regasification unit (FSRU) and one liquefied natural gas (LNG) carrier.
LNG as Fuel

HD KSOE develops fuel pump for LNG-powered vessels

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) said it had developed a domestically produced high-pressure fuel pump for liquefied natural gas (LNG)-powered vessels.
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.