$265 Million Per Ship

HD Hyundai Heavy Industries recently announced on the 3rd that it has signed a construction contract for two LNG carriers with a shipping company based in Africa.


The total order amount is approximately 679 billion KRW. The LNG carriers ordered this time have a capacity of 174,000㎥ and will be built at the Ulsan HD Hyundai Heavy Industries shipyard, with sequential delivery to the shipowner scheduled by November 2027.


The price per vessel is 265 million USD (approximately 340 billion KRW), setting the highest price for a 174,000㎥ LNG carrier.



Sea trial of the 174K LNG carrier built by HD Hyundai Heavy Industries and delivered in 2022 [Photo by HD Hyundai Heavy Industries]

Sea trial of the 174K LNG carrier built by HD Hyundai Heavy Industries and delivered in 2022 [Photo by HD Hyundai Heavy Industries]

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