HD Hyundai Samho Lands $280M Container Ship Deal in Oceania

42

HD Hyundai Samho Heavy Industries Co., a South Korean shipbuilder, has secured a 386.8 billion-won (US$280 million) order to build two container carriers for a client in the Oceania region, reports Yonhap.

The vessels will be delivered in phases to an undisclosed shipping company in Oceania by March 2028, the company said in a regulatory filing.

$280M Container Ship Deal

HD Hyundai Samho Heavy is one of three affiliates under HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), alongside HD Hyundai Heavy Industries Co. and HD Hyundai Mipo Dockyard Co.

HD KSOE is a subholding company of HD Hyundai, formerly known as Hyundai Heavy Industries Holdings.

With the latest order, HD KSOE has secured shipbuilding contracts worth $6.98 billion so far this year, achieving 38.7 percent of its annual order target of $18.05 billion.

Did you subscribe to our Daily newsletter?

It’s Free! Click here to Subscribe!

Source: Yonhap