Korean orders rise

Written by  John McKay
Monday, 25 October 2021
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Oct 25 (LNGJ) - Korea Shipbuilding and Offshore Engineering (KSOE), the main holding company of Hyundai Heavy Industries and affiliates, has obtained a 383 billion South Korean won ($325 million) order to construct four LNG-powered petrochemical carriers.

   The 4,000 deadweight-ton vessels to be built by HHI are scheduled to be delivered to a customer in the Middle East by the first half of 2024. KSOE said it had already surpassed its annual order target for all vessels of US$14.9 billion for the three shipyard companies in the group, HHI, Hyundai Samho Heavy Industries and Hyundai Mipo Dockyard.

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