HD KSOE lands $1.44 billion contract for eight LNG-dual-fuel container ships

HD Korea Shipbuilding & Offshore Engineering Co. confirmed a 1.91 trillion-won (US$1.44 billion) contract with South Korean carrier HMM for eight large container ships equipped with dual-fuel engines that can operate on liquefied natural gas as well as conventional fuels. The vessels belong to the 13,000-TEU class, measuring 337 meters in length, 51 meters in beam and 27.9 meters in height. Production will be split between two shipyards: two ships at HD Hyundai Heavy Industries’ Ulsan facility in the southeast, and six at HD Hyundai Samho’s Yeongam yard in the southwest.

All eight ships are to be delivered to HMM in phases up to 2029. With this deal, HD KSOE’s cumulative orders for the year total $20.19 billion for 182 ships, achieving 86.6 percent of its yearly order goal.