KSOE Signs Deals Worth 348 Billion

Korea Shipbuilding wins W348b order for 6 ships, says an article on The Korea Herald.

Order for 6 ships

Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Monday that it has signed deals worth 348 billion won ($308 million) to build six ships.

Under the deal with a Liberian company, Hyundai Samho Heavy Industries Co., a unit of KSOE, will deliver a 91,000-cubic-meter liquefied petroleum gas (LPG) carrier starting in the first half of 2023, KSOE said.

An order for an 86,000-cubic-meter LPG carrier and two 50,000-ton petrochemicals carriers was placed by an Asian company, KSOE said.

Hyundai to construct carrier

The 86,000-cubic-meter LPG carrier will be built by Hyundai Samho Heavy Industries and the 50,000-ton petrochemical carriers will be constructed by Hyundai Mipo Dockyard Co.

The deal with an Oceanian company calls for Hyundai Mipo Dockyard Co. to build two 2,800 twenty-foot equivalent unit (TEU) container carriers and deliver them by April 2023.

KSOE is the holding company of three shipbuilders — Hyundai Heavy Industries Co., Hyundai Samho Heavy Industries, and Hyundai Mipo Dockyard. (Yonhap)

Source: The Korea Herald

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