Hanwha Wins 1.69 Tln-won Order for 6 LNG Dual-fuel Container Vessels | Be Korea-savvy

Hanwha Wins 1.69 Tln-won Order for 6 LNG Dual-fuel Container Vessels


Hanwha Ocean Co.'s shipyard in Geoje, about 330 kilometers southeast of Seoul, is seen in this photo provided by the company. (Image courtesy of Yonhap)

Hanwha Ocean Co.’s shipyard in Geoje, about 330 kilometers southeast of Seoul, is seen in this photo provided by the company. (Image courtesy of Yonhap)

SEOUL, Oct. 10 (Korea Bizwire)Major South Korean shipbuilder Hanwha Ocean Co. said Thursday it has won a 1.69 trillion-won (US$1.25 billion) order to build six liquefied natural gas (LNG) dual-fuel container vessels from a European shipper.

Hanwha Ocean will construct six 15,000 twenty-foot equivalent units (TEU) LNG dual-fuel container ships at its dockyard on the southern island of Geoje, the company revealed in a regulatory filing.

The vessel is scheduled to be delivered by December 2028 to an undisclosed client in Europe.

So far this year, Hanwha Ocean has bagged $7.35 billion worth of orders to build a total of 37 vessels, far exceeding $3.5 billion for the whole of 2023.

Hanwha Ocean, formerly Daewoo Shipbuilding & Marine Engineering Co., set sail as the shipbuilding arm of chemical-to-defense industry conglomerate Hanwha Group in May last year.

(Yonhap)

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