AsiaContracts and Tenders

KSOE’s Hyundai Heavy to build LNG carrier duo

By Mirza Duran
KSOE's Hyundai Heavy to build LNG carrier duo
Image: Hyundai Heavy Industries

South Korea’s shipbuilder Korea Shipbuilding & Offshore Engineering said it has secured an order to build two LNG carriers from an unidentified European shipowner.

The order has a price tag of 425.1 billion won ($375 million).

It also includes an option for two additional ships, KSOE said in a filling to the stock exchange on Monday.

Furthermore, KSOE’s unit Hyundai Heavy Industries will build the two vessels with each having a capacity of 174,000 cbm.

Hyundai Heavy will start delivering the vessels in the second half of 2022.

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