The South Korean shipbuilding company HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has received an order worth $340 million for the construction of two large-tonnage ships for the transportation of ethane with a capacity of 98 thousand cubic meters, the South Korean Yonhap agency reports with reference to HD KSOE.
The total cost of the order is estimated at $340 million. The customer is a shipping company from Asia, whose name is not called.
The vessels will be built at the HD Hyundai Heavy Industries Co. shipyard. (in the southeastern port of Ulsan), one of the three shipbuilding divisions of HD KSOE.
HD KSOE plans to put the tankers into operation in the first half of 2027.
The company recalls that it has received orders for the construction of 148 vessels and one floating FPSO system for a total of $21.23 billion. This already amounts to 134.9% of the planned annual order portfolio ($15.74 billion).
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) unites three shipbuilding divisions: Hyundai Heavy Industries Co., Hyundai Mipo Dockyard Co. and Hyundai Samho Heavy Industries. The holding is part of the HD Hyundai Group of companies specializing in shipbuilding, oil refining and mechanical engineering.