HD Hyundai Samho Wins 386 Bln-Won Container Ship Order in Oceania | Be Korea-savvy

HD Hyundai Samho Wins 386 Bln-Won Container Ship Order in Oceania


A container ship built by HD Korea Shipbuilding & Offshore Engineering Co. (Image courtesy of Yonhap)

A container ship built by HD Korea Shipbuilding & Offshore Engineering Co. (Image courtesy of Yonhap)

SEOUL, May 30 (Korea Bizwire)HD Hyundai Samho Heavy Industries Co., a South Korean shipbuilder, said Friday it has secured a 386.8 billion-won (US$280 million) order to build two container carriers for a client in the Oceania region.

The vessels will be delivered in phases to an undisclosed shipping company in Oceania by March 2028, the company said in a regulatory filing.

HD Hyundai Samho Heavy is one of three affiliates under HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE), alongside HD Hyundai Heavy Industries Co. and HD Hyundai Mipo Dockyard Co.

HD KSOE is a subholding company of HD Hyundai, formerly known as Hyundai Heavy Industries Holdings.

With the latest order, HD KSOE has secured shipbuilding contracts worth $6.98 billion so far this year, achieving 38.7 percent of its annual order target of $18.05 billion.

(Yonhap)

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