https://en.yna.co.kr/view/AEN20240417004400320

Hanwha Ocean Co., the world's third-largest shipbuilder based on order backlog, announced on Wednesday its acquisition of a 176.4 billion-won (US$127 million) contract to construct a liquefied petroleum gas (LPG) carrier for an undisclosed American-based shipper.The vessels will be constructed at Hanwha Ocean's shipyard in Geoje, situated on the 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.