HD Korea Shipbuilding & Offshore Engineering Secures Order for 3 Very Large Ammonia Carriers, Surpassing 70% of Annual Target

Contract Worth 545.6 Billion Won Signed with European Shipping Company
Cumulative Orders This Year: 142 Vessels and USD 16.39 Billion

HD Korea Shipbuilding & Offshore Engineering has secured an additional order for three Very Large Ammonia Carriers (VLAC), surpassing 70% of its annual order target for this year.

HD Korea Shipbuilding & Offshore Engineering's Ultra-Large Ammonia Carrier Rendering. HD Korea Shipbuilding & Offshore Engineering

On July 13, HD Korea Shipbuilding & Offshore Engineering announced that it had signed a construction contract with a Europe-based shipping company for three very large ammonia carriers.

The total value of the contract is 545.6 billion won. The vessels will be built by HD Hyundai Samho and delivered sequentially by the first half of 2030.

With this contract, HD Korea Shipbuilding & Offshore Engineering's cumulative orders for the year have reached USD 16.39 billion (142 vessels). This represents 70.3% of its annual target of USD 23.31 billion.

By vessel type, the order breakdown includes 17 liquefied natural gas (LNG) carriers, 28 container ships, 43 liquefied petroleum gas (LPG), ammonia, and liquefied carbon dioxide carriers, 11 crude oil tankers, 39 petrochemical product carriers (PC vessels), 2 pure car and truck carriers (PCTC vessels), and 2 other ships.

This content was produced with the assistance of AI translation services.