AsiaContracts and TendersVessels

Hyundai Samho clinches single LNG carrier order

By LNG Prime Staff
Hyundai Samho clinches single LNG carrier order
For illustration only (Image: Hyundai Samho Heavy Industries)

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

Contracts and Tenders

Excelerate buys NFE’s Jamaica business for $1.05 billion

US FSRU player Excelerate Energy has entered into a definitive agreement with compatriot LNG player New Fortress Energy to acquire NFE’s business in Jamaica for $1.055 billion in cash.
LNG Terminals

Snam’s Ravenna FSRU to get first LNG shipment

Snam's 170,000-cbm FSRU BW Singapore, located off Italy's Ravenna, is set to receive the first LNG cargo from the US as part of its commissioning activities.
Contracts and Tenders

Argentina’s Enarsa gets offers for LNG cargo tender

Argentina's state-owned LNG importer Energia Argentina (Enarsa) has received seven offers for its first LNG cargo tender in 2025.

More News Like This

Vessels

Knutsen, Orlen name LNG carrier duo in South Korea

Norway’s Knutsen and Poland’s Orlen named two newbuild liquefied natural gas (LNG) carriers in South Korea.
Vessels

HD Hyundai Samho kicks off work on Nakilat’s LNG carrier

South Korean shipbuilder HD Hyundai Samho has officially started building Nakilat’s first of two LNG carriers as part of an order placed last year.
LNG as Fuel

Wan Hai Lines to switch methanol containership order to LNG fuel

Taiwan's Wan Hai Lines is working on switching an order placed in South Korea last year for eight methanol-powered containerships to LNG fuel, according to shipbuilding sources.
LNG as Fuel

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.

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