South Korea’s KSOE reveals order for 10 LNG-powered containerships

South Korea’s shipbuilder Korea Shipbuilding & Offshore Engineering has revealed an order for ten new LNG-powered containerships worth about 745.6 billion won ($627 million).

KSOE’s unit Hyundai Mipo Dockyard would build the 2,000 TEU vessels for a European shipping company, the firm said in a statement on Tuesday.

The vessels will be 204 meters long and 29 meters wide and have ice-class 1A notation, according to KSOE.

Hyundai Mipo will deliver the ships by the second half of 2024.

KSOE did not reveal any additional info on the new order.

With the latest orders, KSOE has won in total $22.5 billion in orders, exceeding this year’s order target of $14.9 billion for about $7.6 billion.

Shipbuilding sources told LNG Prime that France’s CMA CGM could be behind this order for the small container vessels.

CMA CGM is heavily investing in LNG as fuel and expects to have at least 44 LNG-powered ships in its fleet by 2024.

Hamburg-based Containerships, a unit of France’s CMA CGM, already operates six 1,380 TEU LNG-powered feeder container vessels in the Baltic Sea.

All of the vessels are 170 meters long featuring 1A ice-class notation and dual-fuel engines.

Most Popular

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

Bangladesh receives boost from World Bank to buy LNG supplies

The World Bank has approved a project aimed at helping Bangladesh's state-owned company Petrobangla to secure liquefied natural gas (LNG) supplies.

Kimmeridge’s Commonwealth LNG gets FERC approval

Kimmeridge's Commonwealth LNG has received the Federal Energy Regulatory Commission’s final order upholding authorization for its planned 9.5 mtpa LNG export project near Cameron, Louisiana.

More News Like This

GTT clinches new LNG tank gig

France’s GTT has secured a new tank design order from HD Korea Shipbuilding & Offshore Engineering for one liquefied natural gas (LNG) carrier.

HD Hyundai Heavy scores LNG-powered containership order

South Korea's HD Hyundai Heavy Industries has secured an order to build eight LNG dual-fuel container vessels valued at about $1.76 billion.

Purus orders LNG carrier in South Korea

London-based Purus Marine has ordered one 180,000-cbm liquefied natural gas (LNG) carrier in South Korea.

HD Hyundai Samho bags new LNG-powered containership order

South Korea’s HD Hyundai Samho has secured a new order to build LNG-fueled container vessels.