KSOE wins order for 4 petrochem product carriers

The S.Korean shipbuilder has received 41 orders for $5.3 billion so far in 2023

KSOE wins order for 4 petrochem product carriers
Seo-Woo Jang 1
2023-03-02 10:07:16 suwu@hankyung.com
Shipping & Shipbuilding

Korea Shipbuilding & Offshore Engineering (KSOE), HD Hyundai Co.'s intermediate shipbuilding subsidiary, announced on Tuesday that it had signed a contract to construct four petrochemical product tankers for an African shipping company. The total value of the order is 237.5 billion won ($181.6 million).

The ships will be built at the Hyundai Mipo Dockyard in Ulsan in South Korea and delivered sequentially by Aug. 2025.

KSOE has already secured 41 orders worth $5.34 billion this year, representing 33.9% of its annual order target of $15.74 billion.

Write to Seo-Woo Jang at suwu@hankyung.com
#Korea Shipbuilding & Marine Engineering #KSOE #HD Hyundai #petrochemical product tankers #korea ksoe hd hyundai

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