HD Hyundai Heavy Industries Co., one of HD Korea Shipbuilding's three shipbuilding units, will construct the vessels at its shipyard in the southeastern port of Ulsan, the company said in a regulatory filing.
The LPG carriers will be delivered to the undisclosed shipper by July 2027.
So far this year, HD Korea Shipbuilding has clinched $15.47 billion worth of orders to build 117 vessels and a floating production unit, or 98.2 percent of its yearly order target of $15.74 billion.
HD Korea Shipbuilding, a subholding company of shipbuilding, oil refining and machinery conglomerate HD Hyundai, has three domestic units under its wing -- HD Hyundai Heavy Industries, Hyundai Mipo Dockyard Co. and Hyundai Samho Heavy Industries Co.
A liquefied petroleum gas carrier built by a unit of HD Korea Shipbuilding & Offshore Engineering Co. (PHOTO NOT FOR SALE) (Yonhap)
