KSOE receives two orders worth KRW 2.87T

Korea Shipbuilding & Offshore Engineering (KSOE) has received two orders for the construction of a total of ten liquefied natural gas (LNG) carriers.

The orders have a combined value of KRW 2.87T (about USD 2.2bn).

Under the first contract signed with an undisclosed European shipping company, KSOE’s Hyundai Heavy Industries (HHI) will build a total of eight 174,000 cbm LNG carriers.

The ship octet is slated for delivery by mid-November 2026.

Under the second deal, KSOE unit Hyundai Samho Heavy Industries (HSHI) will construct two LNG carriers for an unnamed shipowner from Oceania.

The newbuild duo is planned to be handed over to its owner by 21 August 2026, according to KSOE.

KSOE has so far this year won orders for 137 units valued at USD 17.34bn, achieving 99.4% of its annual order target of USD 17.44bn.

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