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HD KSOE wins W1.9 tril. order from HMM for 8 container ships

HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said Tuesday it has secured a 1.91 trillion-won ($1.44 billion) order from South Korean shipping company HMM Co. to build eight liquefied natural gas (LNG) dual-fuel container ships. HD KSOE, the shipbuilding subholding company of HD Hyundai Co., said the vessels will be equipped with engines capable of running on both LNG and…

HD KSOE wins W1.9 tril. order from HMM for 8 container ships

HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has secured a significant order worth $1.44 billion from South Korean shipping company HMM Co. for the construction of eight liquefied natural gas (LNG) dual-fuel container ships. These vessels, measuring 337 meters in length and 51 meters in width, will feature engines capable of running on both LNG and conventional marine fuels.

The first two ships will be built at HD Hyundai Heavy Industries Co.'s shipyard in Ulsan, while the remaining six will be constructed at HD Hyundai Samho Co.'s shipyard in Yeongam. All eight ships are set to be delivered to HMM in stages by 2029, bringing HD KSOE's total orders for 2023 to $20.19 billion, or 86.6 percent of its annual order target.

Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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