Hanwha Ocean Co. CEO Kim Hee-cheul (R) and Maran Gas Maritime Inc. CEO Maria Angelicoussis shake hands after signing a deal for two liquefied natural gas carriers, in this photo taken Nov. 8, 2024. (Image courtesy of Yonhap)
SEOUL, Nov. 11 (Korea Bizwire) — Major South Korean shipbuilder Hanwha Ocean Co. said Monday it has secured a 713.5 billion-won (US$511.6 million) deal to build two liquefied natural gas carriers, contributing to the company’s strong cumulative order value, the largest among South Korean shipbuilders this year.
The 174,000-ton vessels will be built at Hanwha Ocean’s shipyard in Geoje on the southern coast and delivered to Maran Gas Maritime Inc., a gas shipping unit of Angelicoussis Shipping Group of Greece, by December 2027, according to the company.
The contract also includes options for two additional vessels, indicating potential follow-up orders, the company added.
So far this year, Hanwha Ocean has bagged $7.87 billion worth of orders to build a total of 39 vessels, far exceeding $3.5 billion for the whole of 2023.
This cumulative total marks the highest order value achieved by any South Korean shipbuilder this year.
Hanwha Ocean, formerly Daewoo Shipbuilding & Marine Engineering Co., set sail as the shipbuilding arm of Hanwha Group in May last year.
(Yonhap)
