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Korea Shipbuilding receives orders for 3 ships worth 288 billlion won

Korea Shipbuilding receives orders for 3 ships worth 288 billlion won

Korea Shipbuilding & Offshore Engineering (KSOE), the holding company of the shipbuilding sector of Hyundai Heavy Industries Group, has received orders worth 288 billion won for three vessels.

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The business reported on Jan. 11 that it had signed a contract to construct a 174,000-cubic-meter LNG carrier, a 40,000-cubic-meter LPG carrier and a 50,000-ton petroleum carrier with shipping companies in Liberia, Oceania and Asia.

For two equivalent LNG carriers and one LPG carrier, the contracts contain options. The overall value of the deals increases to 450 billion won when these options are included.

The LNG carrier will be built in Yeongam, South Jeolla Province, by Hyundai Samho Heavy Industries. It will be 289.9 meters in length, 46.1 meters in width and 26.3 meters in height. It will be delivered to its consumers by the second half of 2023. In order to increase the efficiency of a ship, the vessel will have an LNG re-liquefaction system that re-liquefies boil-off gas.

The LPG carrier will be 180 metres long, 28.7 metres wide and 18.7 metres high, respectively. It will be built by Hyundai Mipo Dockyard. In the first half of 2023, it will be shipped to the client.

At Hyundai Shipyard in Vietnam, the PC will be constructed and the customer will be able to receive it in the first half of 2022.

Maritime Business World 

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