HHI, Hyundai Samho score LNG carrier orders

Korea Shipbuilding & Offshore Engineering said Friday its two units Hyundai Heavy Industries and Hyundai Samho have secured orders to build LNG carriers.

The deals include four LNG carriers worth in total 891 billion won ($746 million), KSOE said in two regulatory fillings.

Under the first deal, shipbuilding giant Hyundai Heavy has secured a 445.6 billion-won deal to build two LNG carriers.

The yard will build the vessels for an unidentified shipper in Bermuda.

Hyundai Samho will also construct two LNG tankers for 445.6 billion-won but for a European company, KSOE said.

The Korean firm added that it expects to book another two LNG carrier orders this month.

KSOE said that all of the carriers will serve the Hague-based LNG giant Shell.

These deals mark the first LNG vessel orders among Korean shipbuilders this year.

- Advertisements -

Most Popular

US FERC to decide on Venture Global’s CP2 LNG project

The US FERC is set to decide next week on Venture Global LNG's proposed CP2 LNG project in Louisiana. According...

Golden Pass LNG to speed up pipeline construction

QatarEnergy and ExxonMobil are seeking approval from US energy regulators to increase the peak workforce to speed up the...

Chevron resumes Wheatstone LNG production

Chevron’s unit in Australia has resumed production at its 8.9 mtpa Wheatstone LNG terminal near Onslow. “Chevron Australia has resumed...

More News Like This

Hyundai Glovis, Woodside name LNG carrier in South Korea

South Korea’s Hyundai Samho hosted a naming ceremony for one 174,000-cbm LNG carrier it built for compatriot shipowner Hyundai...

CMA CGM inks LoI for LNG-powered containerships

French shipping giant CMA CGM, one of the world's largest backers of LNG as fuel, has signed a letter...

HD Hyundai, Shell ink pact to work on large liquefied hydrogen carriers

South Korean shipbuilding conglomerate HD Hyundai is joining forces with UK-based LNG giant Shell to develop large liquefied hydrogen...

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...