The Korea Herald

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Korea Shipbuilding wins W227b in orders for 3 ships

By Yonhap

Published : April 12, 2021 - 11:40

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This photo provided by Korea Shipbuilding & Offshore Engineering Co. (KSOE) on Monday, shows a LPG carrier built by Hyundai Heavy Industries Co. a unit of KSOE. (PHOTO NOT FOR SALE) (Korea Shipbuilding & Offshore Engineering Co.) This photo provided by Korea Shipbuilding & Offshore Engineering Co. (KSOE) on Monday, shows a LPG carrier built by Hyundai Heavy Industries Co. a unit of KSOE. (PHOTO NOT FOR SALE) (Korea Shipbuilding & Offshore Engineering Co.)
Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Monday it has obtained a combined 227 billion won ($202 million) worth of orders to build three liquefied petroleum gas (LPG) carriers.

Under the deal with an Asian company, Hyundai Samho Heavy Industries Co., a unit of KSOE, will deliver two 86,000-cubic meter LPG carriers starting in the first half of 2023, KSOE said.

Another deal with an Oceanian company calls for Hyundai Mipo Dockyard Co., another KSOE unit, to deliver a 40,000-cubic meter LPG carrier by the second half of 2023.

KSOE has bagged orders for 62 percent of LPG carriers ordered globally this year, the company said. (Yonhap)