SignalKorea

HD KSOE secures 630 bln-won order for 4 ammonia carriers

HD KSOE won a 630 billion-won order for four ammonia carriers.

Context

What happened: HD Korea Shipbuilding & Offshore Engineering said it secured an order to build four very large ammonia carriers for an African client, with affiliate HD Hyundai Heavy Industries constructing the vessels. Key numbers: Order value 630.1 billion won (US$464.5 million). Delivery by the first half of 2030. Year to date, US$21.2 billion in orders for 193 vessels, 91 percent of the annual target. Why it matters: The contract adds to HD KSOE's order backlog and brings its 2025 order total close to its annual target.

What changed

HD Korea Shipbuilding & Offshore Engineering said it secured an order to build four very large ammonia carriers for an African client, with affiliate HD Hyundai Heavy Industries constructing the vessels.

Why it matters

The contract adds to HD KSOE's order backlog and brings its 2025 order total close to its annual target.

Sources

yonhap