KSOE reveals big order for LNG-powered vessels

South Korea’s shipbuilder Korea Shipbuilding & Offshore Engineering has secured an order to build six containerships for an unidentified Asian owner.

The order for the 15,000 TEU vessels has a price tag of 900 billion won ($826 million), the firm said in a filing to the stock exchange.

Furthermore, KSOE’s unit Hyundai Heavy Industries will build four vessels while Hyundai Samho will construct two ships.

The yards will start delivering the vessels from the first half of 2023.

KSOE did not reveal any further info but several local media reports suggest that the vessels would sail on LNG.

To remind, Hyundai Samho is already building six LNG-powered neo-Panamax containerships for Singapore’s Eastern Pacific Shipping.

Moreover, all of the 15,000 TEU vessels will go on charter to French shipping group CMA CGM.

LNG Prime understands that Eastern Pacific Shipping could be the owner behind the latest KSOE order but we could not confirm this information by the time this article was published.

Most Popular

Aramco eyes large LNG portfolio

Aramco's long-term ambition is to have a portfolio of 20 million tonnes per annum (mtpa) of LNG capacity, according to Aramco’s CEO, Amin Nasser.

Argentina’s Southern Energy takes FID on second FLNG

Argentina's Southern Energy takes FID on second FLNG

Energy Transfer in advanced talks to sell remaining Lake Charles LNG volumes

Texas-based Energy Transfer is in advanced discussions for the sale of the remaining offtake volumes from its proposed Lake Charles LNG export facility in Louisiana, according to its management.

More News Like This

HD Hyundai Heavy kicks off work on Gdansk FSRU

South Korean shipbuilder HD Hyundai Heavy Industries has officially started building MOL's floating storage and regasification unit (FSRU), which will serve Gaz-System's Gdansk LNG project in Poland.

Excelerate’s FSRU launched in South Korea

South Korean shipbuilder HD Hyundai Heavy Industries has launched Excelerate Energy’s new floating storage and regasification unit (FSRU).

GTT clinches tank gig for Capital’s LNG-powered containerships

French LNG containment giant GTT has secured a tank design order for six Capital's LNG-fueled container vessels.

Knutsen, Shell name ninth LNG newbuild

Norwegian shipowner Knutsen and UK-based energy giant Shell have named the ninth and final LNG carrier in a series of 174,000-cbm vessels.