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

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.

- Advertisements -

Most Popular

India’s Chhara LNG terminal gets first cargo

India’s Hindustan Petroleum, a unit of state-owned ONGC, has received the first cargo of liquefied natural gas at its...

CNOOC to supply LNG cargo to First Gen’s Batangas FSRU terminal

Power producer First Gen has awarded a contract to a unit of China's state-owned energy giant CNOOC to supply...

Sarah Bairstow named as CEO of Mexico Pacific

Mexico Pacific, the developer of the planned 15 mtpa Saguaro Energia LNG export project, has appointed Sarah Bairstow as...

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...

Alpha Gas adds new LNG tanker to its fleet

South Korea’s Hyundai Samho Heavy Industries has delivered the 174,000-cbm LNG carrier, Energy Fortitude, to Greece’s Alpha Gas. Its AIS...

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...