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

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.

- Advertisements -

Most Popular

Golden Pass LNG contractor Zachry files for bankruptcy

US construction company Zachry said on Tuesday it has filed for bankruptcy, initiating a structured exit from the Golden...

Kinder Morgan secures more time for Gulf LNG export project

US energy company Kinder Morgan and its partners have secured more time from the US FERC to add liquefaction...

Hoegh LNG: commissioning of Brazilian FSRU completed

Commissioning of the FSRU Hoegh Giant which serves Cosan's LNG import terminal in Brazil's port of Santos has been...

More News Like This

Japan’s MOL charters LPG carrier duo to TotalEnergies

Japan’s shipping firm MOL said on Thursday it has signed a charter deal for two 88,000-cbm LPG carriers with...

HD Hyundai Heavy secures contract to build LNG carrier duo

South Korean shipbuilder HD Hyundai Heavy Industries has won a contract to build two liquefied natural gas (LNG) carriers...

South Korean yards built 500 LNG carriers for export in 30 years

South Korean yards have completed 500 liquefied natural gas (LNG) tankers for export since 1994, according to the Ministry...

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)...