Shipyard

HD Korea Shipbuilding Lands ₩741.2B LNG Carrier Deal

HD Korea Shipbuilding & Offshore Engineering has signed a ₩741.2 billion construction agreement with a North American shipowner for two LNG carriers to be built at HD Hyundai Samho, bringing its cumulative orders to 104 vessels.

Photo source: HD Hyundai Heavy Industries

19, November 2025
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18, November – HD Korea Shipbuilding & Offshore Engineering (HD KSOE) reported on the 18th that it has concluded a contract with a North American shipowner for the construction of two liquefied natural gas (LNG) carriers. The agreement is valued at ₩741.2 billion, and the vessels will be built at HD Hyundai Samho, with delivery planned in sequence by the second half of 2028.

Following this order, HD KSOE’s cumulative intake has reached 104 vessels, amounting to US $14.24 billion. This corresponds to 78.9 percent of the company’s US $18.05 billion annual target. The confirmed orders include seven LNG carriers, six LNG bunkering vessels, nine LPG and ammonia carriers, two ethane carriers, 61 container ships, 16 tankers, and three PC ships.

The company stated that the newly signed LNG carriers have been added to its current order portfolio.

Tags: HD Hyundai Samho, HD Korea Shipbuilding, Korean shipyards, LNG carrier order, LNG vessel construction, maritime contracts, North American shipowner, vessel orderbook

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.

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