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HD Hyundai Heavy Industries secures orders for 4 ultra-large ammonia carriers worth 630 billion won

HD Hyundai Heavy Industries secures orders for 4 ultra-large ammonia carriers worth 630 billion won

/Photo=HD Hyundai Heavy Industries
/Photo=HD Hyundai Heavy Industries

HD Hyundai Heavy Industries said Friday that it has secured orders for four ultra-large ammonia carriers (VLACs) from an Africa-based shipping company.

The total contract value is 630.1 billion won. The vessels ordered this time will be built at HD Hyundai Heavy Industries and are scheduled to be delivered by the first half of 2030.

With this contract, HD Hyundai Heavy Industries' cumulative order book for this year has increased to a total of 193 vessels, valued at $21.2 billion. This represents approximately 91% of its annual order target of $23.31 billion.

By vessel type, the orders include 17 liquefied natural gas (LNG) carriers, 38 container ships, 62 liquefied petroleum gas (LPG), ammonia, and liquefied carbon dioxide carriers, 11 crude oil tankers, and 59 petrochemical product carriers (PC vessels).

In addition, the company secured orders for two vehicle carriers (PCTCs), two roll-on/roll-off ships (ROROs), and two other vessels, including icebreakers and floating liquefied natural gas storage and regasification units (FSRUs).

"This article was translated using AI and may differ slightly from the original."