378-million-dollar deal

KSOE secures another two contracts

by Port News Editorial Staff

KOREA Shipbuilding and Offshore Engineering has secured two contracts worth 378 million dollars for building eight vessels, four LNG carriers and four product tankers specializing in the transportation of petrol and diesel fuel.

The LNG carriers will be built at a Hyundai Samho Heavy Industries shipyard, a KSOE subsidiary, in Ulsan. Delivery of the newbuildings is scheduled to start in the first half of 2025.

The product tankers will be built at Hyundai Vietnam Shipbuilding and will be delivered by the second half of 2025.

Translation by Giles Foster

Go to Top