Hyundai Samho clinches single LNG carrier order

Hyundai Samho Heavy Industries has won a contract to build one liquefied natural gas (LNG) carrier, according to its parent Korea Shipbuilding & Offshore Engineering.

KSOE said that the deal has a price tag of about 260.2 billion won ($218.3 million).

HSHI will deliver the 174,000-cbm LNG carrier by August 2024 to an unidentified Asian shipowner.

KSOE did not reveal any additional information.

Brokers said that Hyundai Glovis could be behind this order backed by a Woodside charter.

This new order for HSHI follows a contract for two 174,000-cbm LNG carriers each worth about $223.5 million.

In total, KSOE and its units won orders for a total of 37 ships worth about $4.37 billion.

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

Most Popular

Cheniere produces first LNG cargo at Corpus Christi expansion project

US LNG exporting giant Cheniere has produced the first cargo at the Corpus Christi Stage 3 expansion project in Texas.

Centrica seals LNG supply deal with Petrobras

UK-based energy firm Centrica has signed a 15-year LNG supply deal with Brazil’s state-owned energy firm Petrobras.

Japan’s Japex boosts LNG sales

Japan Petroleum Exploration (Japex) boosted its sales of liquefied natural gas (LNG) in the April-December period last year.

More News Like This

HD Hyundai Mipo clinches order for four LNG bunkering vessels

South Korea’s HD Hyundai Mipo has won a new order to build four liquefied natural gas (LNG) bunkering vessels.

CMA CGM orders 12 LNG-powered containerships at HD Hyundai Heavy

HD Hyundai Heavy's parent KSOE announced on Thursday that HD Hyundai Heavy will build 12 vessels with a capacity...

LNG carrier orders climb in 2024

The data shows there were at least 78 orders for large LNG carriers in 2024. This compares to about 68...

CMA CGM pens LoI for LNG-fueled containerships

LNG Prime recently reported that CMA CGM was planning a new order. Sources said on Tuesday that CMA CGM has...