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HHI BAGS TWO NEW LNGC CONTRACTS

Friday, May 24, 2019 

Hyundai Heavy Industries Group has secured orders from European interests for two 180,000m3 LNGCs in contracts worth US$390 million. Both vessels will be 299m in length and feature MARK III FLEX PLUS tanks. They will each be delivered from Hyundai Heavy Industries Ulsan yard in 2022.

The orders increase to five the tally of LNGC orders the group has won this year.

Other yards in the group have also secured orders. Hyundai Mipo Shipbuilding and Hyundai Samho Heavy Industries secures orders from European owners for two petrochemical product carriers and two 158,000t crude oil carriers. The product carriers will be dual fuelled, capable of running on LNG.

HHI says it is currently negotiating orders for LNG carriers and LNG bunkering vessels in accordance with the recent tightening of environmental regulations.

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