AsiaLNG as Fuel

Hyundai Samho to build two LNG-powered PCTCs for about $240 million

By LNG Prime Staff
Hyundai Samho to build two LNG-powered PCTCs for about $239 million
For illustration only (Image: Hyundai Samho)

South Korean shipbuilder Hyundai Samho has secured an order to build two LNG-powered pure car and truck carriers worth about $240 million.

HSHI’s parent Korea Shipbuilding & Offshore Engineering (KSOE) said in a stock exchange filling on Wednesday that HSHI would build the LNG dual-fuel PCTCs for an owner based in the Middle East.

KSOE said the contact has a price tag of 331.8 billion won ($240 million).

Moreover, HSHI will deliver the two LNG-powered carriers by August 2025.

KSOE did not provide any additional information.

Earlier this year, Hyundai Samho also won an order from an owner in Middle East for two LNG-powered PCTCs worth about $239 million.

Brokers said that Ray Car Carriers had ordered these two LNG-powered PCTCs with a capacity of 7,500 units and scheduled for delivery in the first half of 2025.

Most Popular

LNG Terminals

India’s ONGC approves Mozambique LNG investment

India’s state-run ONGC has approved an investment by its unit, ONGC Videsh, into the TotalEnergies-led Mozambique LNG joint venture, which is developing a 12.8 mtpa liquefaction plant at the Afungi complex.
LNG Terminals

Australia’s Viva Energy seeks FSRU for Geelong project

Australia’s Viva Energy is looking to secure a floating storage and regasification Unit (FSRU) for its proposed LNG import terminal in Geelong, Australia.
LNG Terminals

Atlantic LNG shipping rates, European prices down

Atlantic LNG freight shipping rates and European prices decreased this week compared to the week before.

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