Hanwha Ocean Clinches $127 Million Contract to Construct LPG Carrier

south coast of South Korea, with delivery slated for the first quarter of 2027, according to a regulatory filing by the company. Throughout the current year, Hanwha Ocean has amassed orders totaling $3.39 billion, comprising the construction of 12 liquefied natural gas carriers, two very large crude carriers, two ammonia carriers, and one LPG carrier. This surpasses its $4.1 billion order intake for the entirety of 2023. Hanwha Ocean , formerly known as Daewoo Shipbuilding & Marine Engineering Co., transitioned into its current entity as the shipbuilding arm of the Hanwha Group conglomerate in May of the preceding year.