Hyundai Mipo wins orders for LNG bunkering ship, LNG-powered vessels

South Korean shipbuilder Hyundai Mipo has secured orders from European owners for one LNG bunkering vessel and two LNG-powered ships.

Including six small container vessels, Hyundai Mipo won orders won nine ships worth 704 billion won ($584 million), according to parent Korea Shipbuilding & Offshore Engineering.

Euroseas said on Wednesday it ordered two small 2,800-teu feeder ships at Hyundai Mipo for about 85 million while an unknown Oceania-based owner ordered the other four container vessels.

Hyundai Mipo will build one 12,500-cbm LNG bunkering vessel for about 72.9 billion won ($60.4 million) and deliver it to an unidentified European owner by the first quarter of 2024.

The bunkering vessel will have 133 meters in length and 22.3 meters in width and it will also feature LNG dual-fuel propulsion.

As per the two LNG-powered ships, Hyundai Mipo will deliver these vessels to an unidentified owner in Europe as well by May 2025.

These two 24,000-ton LNG dual-fuel RoRo vessels cost about 321.9 billion won ($267 million).

Also, they will measure 234 meters in length and 35 meters in height.

CLdN confirms order for two vessels

Last year, Hyundai Mipo delivered the first LNG-powered RoRo to Luxembourg-based CLdN.

Hyundai Mipo said the vessel named Faustine was the first such ship built in Korea.

European short sea specialist CLdN ordered Faustine but also a sister vessel at Hyundai Mipo back in 2019.

CLdN said in a statement on Thursday it has ordered two new 8,000 lane meter hybrid RoRo vessels at Hyundai Mipo.

“The order represents the largest investment in CLdN’s history and is a result of two years of intense engineering and development together with Hyundai Mipo Dockyard,” it said.

The new ships will feature two LNG dual-fuel ME-GI main engines of 11MW each as well as two electric propulsion motors of 6MW each.

In full electric mode, the ships can achieve a cruising speed of 16 – 17kn, it said.

- Advertisements -

Most Popular

QatarEnergy picks shipowners for 18 giant LNG carriers

LNG giant QatarEnergy has selected shipowners to own and operate 18 Q-Max LNG carriers as part of its massive...

Canada’s FortisBC, Seaspan win provincial approval for Tilbury LNG jetty

Canadian utility and operator of the Tilbury LNG facility in the province of British Columbia, FortisBC, and its partner...

VTTI, IKAV to take majority stake in Italy’s Adriatic LNG terminal

Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, joined forces with German asset manager IKAV to...

More News Like This

GTT bags LNG tank gig for Nakilat’s vessels

French LNG containment giant GTT has secured a tank design order from HD Korea Shipbuilding & Offshore Engineering (KSOE)...

HD Hyundai Heavy scores order to build FSRU for $364 million

South Korean shipbuilder HD Hyundai Heavy Industries has won a contract to build one floating storage and regasification unit...

Hyundai Samho to build LNG carrier quartet for $1.08 billion

South Korea's Hyundai Samho has secured an order to build four liquefied natural gas (LNG) carriers for about $1.08...

CMA CGM takes delivery of first of 10 LNG-powered feeder vessels

French shipping giant CMA CGM has taken delivery of the first ship in a series of 10 new 2,000-teu...