AsiaContracts and TendersVessels

Hyundai Samho to build one LNG carrier for about $247 million

By LNG Prime Staff
Hyundai Samho to build one LNG carrier for about $247 million
For illustration only (Image: KSOE)

Hyundai Samho Heavy Industries continues to win orders for LNG carriers and has secured a contract to build a single vessel, according to its parent Korea Shipbuilding & Offshore Engineering.

KSOE said on Wednesday that the deal has a price tag of 346.8 billion won or about $247 million, which is a very high price.

Hyundai Samho will deliver the LNG carrier by January 2026 to an unidentified shipowner based in Oceania.

KSOE did not reveal any additional information.

In June, Hyundai Samho won an order for two 174,000-cbm LNG carriers from Evangelos Marinakis-led Capital Gas for delivery in January and March 2026.

During the same month, the shipbuilder secured a contract to build two LNG carriers for Greece’s TMS Cardiff Gas for delivery by August 2026.

According to sources, it appears that TMS Cardiff Gas also placed the order for this single LNG carrier.

Besides these LNG carriers, Hyundai Samho recently also won a contract for two LNG-powered car carriers tied to Ray Car Carriers, boosting the total to four vessels.

Most Popular

LNG Terminals

Venture Global to introduce gas to tenth Plaquemines liquefaction block

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce natural gas to the tenth liquefaction block at the Plaquemines LNG terminal in Louisiana as part of the plant’s commissioning process.
LNG Terminals

Kimmeridge’s Commonwealth LNG seeks expedited approval from FERC

Kimmeridge's Commonwealth LNG is seeking expedited final approval from the US FERC as it looks to make a final investment decision on its planned LNG export plant in Louisiana later this year.
LNG Terminals

Excelerate’s FSRU arrives in Germany

Excelerate’s 138,000-cbm FSRU Excelsior has finally arrived in Germany, where it will start serving DET's second LNG import terminal in Wilhelmshaven.

More News Like This

LNG as Fuel

Wan Hai Lines makes LNG fuel switch for eight containerships

Taiwan's Wan Hai Lines has decided to change an order placed for methanol-ready containerships in South Korea to enable the vessels to run on LNG fuel, according to shipbuilding sources.
Vessels

HD Hyundai Samho clinches $262 million LNG carrier order

South Korea’s HD Hyundai Samho has secured an order to build one liquefied natural gas (LNG) carrier for about $262 million.
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.

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