HD Korea Shipbuilding & Offshore Engineering Co., a major South Korean shipyard has secured a 339.6 billion-won (US$250 million) order to build two very large ammonia carriers (VLACs) from an Oceanian shipper.
HD Hyundai Heavy Industries Co., one of HD Korea Shipbuilding’s three shipbuilding units, will construct the VLACs at its shipyard in Ulsan on the southeastern coast, HD Korea Shipbuilding said in a regulatory filing.
The vessels will be delivered to the undisclosed shipping company by September 2027, it added. So far this year, HD Korea Shipbuilding has obtained orders to construct 169 vessels worth $18.8 billion, exceeding its yearly target of $13.5 billion.
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Source: Yonhap News Agency
