HD Korea Shipbuilding secures $350 million in new vessel orders

원유 운반선 이미지 [사진=HD한국조선해양]

SEOUL, January 20 (AJP) - HD Korea Shipbuilding & Offshore, the shipbuilding arm of HD Hyundai, said on Tuesday it has secured orders for crude oil tankers and petrochemical product carriers, extending a strong start to the year.

The company said it signed contracts to build two crude oil tankers and two petrochemical product carriers, or PC carriers, with a combined value of 481.6 billion won ($350 million). The vessels will be constructed at HD Hyundai Heavy Industries and delivered in stages by the first half of 2029.

With the latest contracts, HD Korea Shipbuilding & Offshore’s year-to-date orders have risen to nine vessels. In value terms, the company has provisionally secured $1.49 billion, equivalent to 6.4 percent of its annual order target of $23.31 billion.

The company has so far booked orders for four liquefied natural gas carriers, one liquefied petroleum gas and ammonia carrier, two crude oil tankers and two PC carriers.

* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
Jeong Bo-un 기자 dkwndl@economidaily.com

- Copyright ⓒ [아주경제 ajunews.com] 무단전재 배포금지 -