South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) on Friday said it has secured its first order this year for two very large liquefied petroleum gas carriers (VLGCs) from the European shipping company worth 303.2 billion won ($230.5 million).
The newly ordered large LPG carriers, with dimensions of 230 meters in length, 32.25 meters in width, and 23.85 meters in height, will be built at HD Hyundai Heavy Industries Co.'s Ulsan shipyard.
The vessels will be delivered sequentially to the shipowner in the first half of 2027.
The company had previously won orders for 23 out of 39 LPG and ammonia carriers ordered worldwide last year.
South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on Thursday that it has lowered its order target for this year by 38.6%, aiming for $15.83 billion compared to $25.78 billion in estimated orders last year. The reduced target reflects the declining appet
HD Hyundai Heavy Industries conducted sea trials of the ultra-large ethane carrier delivered in 2022 HD Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate holding company of HD Hyundai, announced on Friday that it has secured a contract to build three large ethane carriers. H
Conceptual drawing of HD Korea Shipbuilding & Offshore Engineering's large-sized ammonia transport vessels HD Hyundai has successfully secured a contract for building mega-sized ammonia carriers worth 557.4 billion won ($432.4 million). HD Korea Shipbuilding & Offshore Engineering Co.,
HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) announced on Friday it has recently signed a shipbuilding contract for two very large-scale ethane carriers (VLEC) with an Asian shipping company. The total amount is $340 million.These VLECs are 230 meters in length, 36.5 meters in w
South Korea’s HD Korea Shipbuilding & Offshore Engineering (KSOE), an affiliate of HD Hyundai Group, is building the world's first mid-size ammonia-powered ship.The company on Monday said its dual-fuel ammonia propulsion engine will be installed in two mid-size 45,000-cubic meter liq