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HD Hyundai secures additional orders for 2 LNG carriers… Achieves 93% of annual target

HD Hyundai secures additional orders for 2 LNG carriers… Achieves 93% of annual target

An ultra-large LNG (liquefied natural gas) carrier built and delivered by HD Hyundai Heavy Industries. / Courtesy of HD Hyundai
An ultra-large LNG (liquefied natural gas) carrier built and delivered by HD Hyundai Heavy Industries. / Courtesy of HD Hyundai

HDHD Hyundai Heavy Industries, the shipbuilding intermediate holding company of HD Hyundai, announced on the 9th that it recently signed construction contracts with an Africa-based shipping company for two LNG (liquefied natural gas) carriers.

The total order value is 662.9 billion won. The vessels ordered this time will be built at HD Hyundai Heavy Industries and delivered by the second half of 2029.

With this, HDHD Hyundai Heavy Industries has secured a total of 195 vessels worth $21.69 billion this year, including this latest order. This figure represents a provisional achievement of 93.1% of its annual order target of $23.31 billion.

By vessel type, the orders include △19 LNG carriers △38 container ships △62 LPG (liquefied petroleum gas), ammonia, and liquefied carbon dioxide carriers △11 crude oil tankers △59 PC (petrochemical) carriers △2 PCTC (pure car transport) vessels △2 RORO (Roll-on/Roll-off) vessels, and △2 others (icebreakers, FSRUs).

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