
HD Korea Shipbuilding & Offshore Engineering (KSOE), a leading shipyard in South Korea, has announced a significant contract valued at 340.3 billion won ($244.7 million) to construct two very large gas carriers. The agreement, secured with an Asian shipping company, was disclosed in a regulatory filing on Monday, Novemebr 18.The vessels will be built by HD Hyundai Heavy Industries, one of HD KSOE’s three shipbuilding subsidiaries, and are scheduled for delivery by December 2027. This latest contract adds to the company's robust performance in 2024.
HD KSOE has already surpassed its annual order target of $13.5 billion, securing contracts for 177 ships worth a total of $19.8 billion to date. This achievement underscores the company's strong position in the global shipbuilding market and its ability to consistently secure high-value projects. The latest order further solidifies its leadership in constructing advanced, large-scale gas carriers.
HD Hyundai Korea Shipbuilding & Offshore Engineering (KSOE)