Hyundai Samho clinches new order to build three LNG-powered containerships

South Korea’s Hyundai Samho Heavy Industries has secured an order to build three new LNG-powered containerships, according to its parent Korea Shipbuilding & Offshore Engineering.

KSOE said on Monday HSHI would deliver the 7,900 TEU LNG-powered containerships to an unidentified Asian shipowner by December 2024.

The contract has a price tag of about 427.1 billion won ($354.8 million).

KSOE did not reveal any additional information. In total, KSOE and its units won orders for 39 ships worth about $4.67 billion.

The shipbuilder has set a target for this year of $17.4 billion, compared to $14.9 billion last year. It secured in total $22.8 billion worth of orders during 2021.

Eastern Pacific Shipping and Zim behind the order?

One shipbuilding source told LNG Prime that Singapore’s Eastern Pacific Shipping and Israel’s ZIM could be behind this order.

The duo signed a deal in January for three 7,900 TEU LNG-powered containerships and this new deal could be an option from that contract, the source said.

Announcing this deal in January, KSOE said Hyundai Samho would build three LNG-powered containerships for an Asian shipowner and deliver them by June 2024.

The first deal was worth about 418.6 billion won ($351 million).

These LNG-powered containerships will feature 6000 cbm LNG fuel tanks with GTT’s Mark III Flex membrane containment technology.

- Advertisements -

Most Popular

NextDecade, Bechtel preparing Rio Grande LNG site ahead of FID

NextDecade, the US developer of the Rio Grande LNG export plant, and compatriot engineering and construction giant Bechtel are...

VesselsValue: Japan has the world’s most valuable LNG fleet

Japan owns the world’s most valuable fleet of liquefied natural gas (LNG) carriers, followed by Greece and South Korea,...

Gasunie working to further boost Dutch LNG import capacity

Dutch gas transmission network operator Gasunie is working to further boost the regasification capacity in the European country besides...

More News Like This

Hyundai gets OK from ABS for regas system

South Korea's Hyundai Heavy Industries and its parent KSOE have recently won an approval in principle from classification society...

Capital Ship Management welcomes second LNG-ready VLCC in its fleet

Greece’s Capital Ship Management has taken delivery of another ammonia and LNG-ready very large crude carrier from South Korea’s...

Knutsen takes delivery of fourth LNG carrier chartered by Shell

Norwegian shipowner Knutsen has taken delivery of another Shell-chartered LNG carrier from South Korea’s Hyundai Samho Heavy Industries. Hyundai Samho...

Shell-led consortium to test fuel cell power on LNG carrier

A unit of LNG giant Shell has signed a consortium agreement with KSOE, HyAxiom, Doosan Fuel Cell, JP Morgan...