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

No bids in Pakistan LNG’s tender for 72 shipments

State-owned Pakistan LNG said it had received no offers for its latest tender seeking bids for a total of...

Excelerate orders FSRU at Hyundai Heavy

US floating LNG player Excelerate Energy has ordered a floating storage and regasification unit (FSRU) at South Korea’s Hyundai...

Eneva, NFE wrap up Brazilian LNG power plant deal

Brazilian energy company Eneva has closed its previously announced deal with US LNG firm New Fortress Energy and joint...

More News Like This

Excelerate to splash about $332 million on FSRU order in South Korea

Excelerate Energy will pay about $332 million for a floating storage and regasification unit (FSRU) it ordered at South...

GTT bags new LNG tank gig from Hyundai Heavy

French LNG containment giant GTT said it had won a new order from South Korea’s Hyundai Heavy Industries to...

Excelerate orders FSRU at Hyundai Heavy

US floating LNG player Excelerate Energy has ordered a floating storage and regasification unit (FSRU) at South Korea’s Hyundai...

Hyundai Mipo to build four LNG-powered containerships

South Korean shipbuilder Hyundai Mipo has secured orders for eight vessels, including four small LNG-powered containerships. Hyundai Mipo's parent Korea...