Chinese | English
Service Telphone:
Qingdao:0086-532-85760908
Jinan Tel:0086-531-89653538
Current Location: Home>>News>>Industry News
Industry News

Contact Us

Qingdao Head Office:

Add:Rm.1903,Block B,Yiheguoji,No.10 Xianggang Middle Road,Shinan District,Qingdao,china

Tel: 0086-532-85760908 

Fax: 0086-532-85760907   

E-mail: zlg@malvernlogistics.com

Jinan Office:

Add:Shangri-La High-tech Zone, Jinan City, Shandong Province, China

Tel: 0086-531-89653538

Industry News

Nearly 1 billion dollars! This shipyard takes another order for 10 new ships

Date:2021-06-22 11:06:31 Click:282次

On June 21, Korea Shipbuilding & Offshore Engineering Corporation (KSOE), an intermediate holding company responsible for shipbuilding under Hyundai Heavy Industries Group, stated that the company signed 1.1 trillion won (approximately US$970 million) contracts for the construction of 10 new ships. Ship types include LNG ship, VLCC, LPG ship, petrochemical ship, etc.

a2f9e642de399790c9a9793ebf6b9666fbb2d25f_副本.jpg


Specifically:

Signed a contract with a marine company for two 174,000 cubic meters of LNG carriers, valued at approximately 438 billion won (US$386 million), to be built by Hyundai Heavy Industries Shipyard and delivered before the end of 2023.

Signed a 300,000-ton-class tanker (VLCC) contract with a European shipowner, valued at approximately 106 billion won ($93 million), to be built by Hyundai Sanhu Heavy Industries, a subsidiary of KSOE, and delivered in the second half of 2023.

Signed a contract with a Greek shipowner for three 91,000 cubic meters of liquefied petroleum gas (LPG) carriers. These new ships are worth about 299 billion won (US$264 million), of which two will be manufactured by Hyundai Heavy Industries and one will be manufactured by Hyundai San Francisco. Built by Lake Heavy Industry.

Signed a contract with a European shipowner for four 115,000-ton petrochemical vessels, valued at approximately 256.6 billion won (US$226 million). The new ships will be built by Hyundai Mipu Shipyard, another subsidiary of KSOE, and delivered in March 2024.

It is said that from January to May this year, KSOE received orders worth 7.08 billion US dollars, a five-fold increase over the same period last year. Among them, Hyundai Heavy Industries Shipyard received US$2.39 billion, an increase of more than 11 times over the same period last year; Hyundai Sanhu Heavy Industries won new orders of US$2.53 billion, an increase of more than three times over the same period last year.

KSOE has received orders for 140 new ships so far this year, with a total order value of 12.2 billion U.S. dollars. Within half a year, it has completed 82% of its annual order target (14.9 billion U.S. dollars).