South Korean shipyard HD Korea Shipbuilding and Offshore Engineering Co. said Wednesday it has clinched a 96.9 billion-won (US$73.97 million) order to build one liquefied petroleum gas (LPG) carrier for an Oceanian shipper.
Hyundai Mipo Dockyard Co., one of HD Korea Shipbuilding and Offshore Engineering’s three subsidiaries, will construct the vessel in its shipyard in the southeastern port of Ulsan and deliver it to the undisclosed shipping firm by October 2026, HD Korea Shipbuilding said in a regulatory filing.
So far this year, HD Korea Shipbuilding has obtained $14.07 billion worth of orders to build 106 vessels and a floating production unit (FPU), or 89.4 percent of its yearly order target of $15.74 billion.
The vessels break down into 33 product carriers, three oil tankers, 29 container vessels, 18 liquefied natural gas carriers, 17 LPG carriers, two midsized gas carriers and four pure car and truck carriers.
HD Korea Shipbuilding, a subholding company of shipbuilding, oil refining and machinery conglomerate HD Hyundai, has three units under its wing — Hyundai Heavy Industries Co., Hyundai Mipo Dockyard and Hyundai Samho Heavy Industries Co.
Source: Yonhap News Agency