Contracts and TendersVessels

South Korea’s Hyundai Samho nets order to build one LNG tanker

By LNG Prime Staff
South Korea's Hyundai Samho nets order to build one LNG tanker
For illustration only (Image: Hyundai Samho)

South Korean shipbuilder Hyundai Samho Heavy Industries will build one LNG carrier for an unidentified owner as part of a contract revealed on Monday.

Parent firm Korea Shipbuilding & Offshore Engineering said in a filing to the stock exchange the deal has a price tag of about 209.9 billion won ($187.3 million).

Furthermore, Hyundai Samho will deliver the vessel to a Europe-based owner by October 2023, according to the filling.

KSOE did not reveal any additional information.

Hyundai Samho has in January this year also won an order for a single carrier from Russia’s Sovmcoflot. This 174,000-cbm vessel will go on charter to Total.

In addition, Belgium-based independent oil shipping firm Euronav recently ordered two LNG-ready very large crude carriers at the Korean yard.

Most Popular

Contracts and Tenders

Galp wins Calcasieu Pass arbitration against Venture Global

Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.
Vessels

MISC to order five more LNG carriers for Petronas charter

Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.
Contracts and Tenders

Seatrium scores Excelerate FSRU conversion gig

Singapore's Seatrium has secured a floating storage and regasification unit conversion contract with an option for a second contract from US FSRU player Excelerate Energy.

More News Like This

Vessels

NYK’s LNG carrier named in South Korea

South Korea’s Hyundai Samho hosted a naming ceremony for a new liquefied natural gas (LNG) carrier owned by Japan's NYK and chartered by Mitsubishi’s unit Diamond Global Energy.
Vessels

HD Hyundai Heavy to build FSRU, LNG carrier

South Korean shipbuilder HD Hyundai Heavy Industries has won contracts worth approximately $574 million to build one floating storage and regasification unit (FSRU) and one liquefied natural gas (LNG) carrier.
LNG as Fuel

HD KSOE develops fuel pump for LNG-powered vessels

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) said it had developed a domestically produced high-pressure fuel pump for liquefied natural gas (LNG)-powered vessels.
Research and Development

Trio to work on new LNG carrier design

Classification society Lloyd’s Register (LR) has joined forces with South Korea's HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries to develop a new generation of LNG carrier designs using hybrid electric propulsion.