South Korean shipbuilding giant, HD Korea Shipbuilding & Offshore Engineering Company (HD KSOE) has received an order to build two liquified natural gas (LNG) carriers for an undisclosed shipowner from Africa.
According to the company’s stock exchange filling, the vessels will be built by HD KSOE’s subsidiary HD Hyundai Heavy Industries.
The new LNG carriers have a price tag of $530 million. The vessels are slated for delivery by the end of February 2028.
LNG carriers are attracting strategic investments from companies around the world. These orders reflect the increasing prominence of liquefied natural gas as an efficient energy source, driving demand for specialized carriers to transport LNG.
Since the beginning of the year, HD KSOE clinched $20.89 billion worth of orders to build 146 vessels and a floating production unit. This represents 132.7 percent of its yearly order target of $15.74 billion.-World Maritime News