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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 1.91 trillion-won ($1.44 billion) order from South Korean shipping company HMM Co. for the construction of eight liquefied natural gas (LNG) dual-fuel container ships. These vessels, with a capacity of 13,000 twenty-foot-equivalent-unit (TEU), will be built at affiliate shipyards in Ulsan and Yeongam, South Korea, with delivery scheduled to begin by 2029.

This contract brings HD KSOE's total order value for 2023 to $20.19 billion, representing 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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