Daewoo Shipbuilding & Marine Engineering Scores 'Jackpot' with Order for Six Ultra-Large Container Ships Worth 1.0836 Trillion Won

[Asia Economy Reporter Park So-yeon] Daewoo Shipbuilding & Marine Engineering announced on the 23rd that it has secured an order for six ultra-large LNG-powered container ships from European shipowners for 1.0836 trillion KRW. These vessels will be built at the Geoje Okpo Shipyard and are scheduled to be delivered to the shipowners by November 30, 2023.

This year, Daewoo Shipbuilding & Marine Engineering has secured orders for a total of 32 vessels worth approximately 5.37 billion USD, including 9 LNG carriers (including LNG-FSU and FSRU), 10 container ships, 2 shuttle tankers, 7 VLCCs, 1 VLGC, and 3 submarine performance upgrades, achieving about 74.5% of its target.

Earlier, Korea Shipbuilding & Offshore Engineering and Samsung Heavy Industries also secured a total of 17 LNG carriers over three days, achieving contract results exceeding 3.4 trillion KRW.

Korea Shipbuilding & Offshore Engineering, the shipbuilding holding company of Hyundai Heavy Industries Group, announced on the 23rd that it has signed contracts to build a total of three LNG carriers with shipowners based in Bermuda and Panama.

The total contract value is 612.2 billion KRW, and these vessels will be constructed at Hyundai Samho Heavy Industries.

Korea Shipbuilding & Offshore Engineering secured orders for 9 LNG carriers over three days starting from the 21st, signing contracts worth a total of 1.8237 trillion KRW.

With this contract, the company has secured a total of 116 vessels (10 billion USD) this year, achieving 91% of its annual order target (11 billion USD).

Notably, it showed strong momentum at the end of the month by contracting a total of 28 vessels (3.6 billion USD) in this month alone.

Samsung Heavy Industries also announced on the same day that it secured orders for 4 LNG carriers worth 815 billion KRW from shipowners in the African region.

Samsung Heavy Industries secured a total of 8 LNG carriers (1.63 trillion KRW) over three days.

Additionally, it raised its cumulative order performance to 5.5 billion USD, achieving 65% of its annual order target (8.4 billion USD).

This content was produced with the assistance of AI translation services.