Monday, November 29

Korea Shipbuilding & Marine Engineering wins order for 10 LNG container ships worth 745.6 billion won

A test run of an LNG-powered super-large container ship built by Hyundai Samho Heavy Industries for the first time in the world and delivered in September last year. Provided by Hyundai Heavy Industries Group

Korea Shipbuilding & Marine Engineering, an intermediate holding company of Hyundai Heavy Industries Group, won an order for 10 LNG (liquefied natural gas)-powered container ships worth a total of 745.6 billion won.

Korea Shipbuilding & Marine Engineering announced on the 23rd that it had recently signed a contract with a European shipping company to build 10 containerships of the 2000TEU class (1TEU is one 20ft container).

The vessels ordered this time, measuring 204m in length, 29m in width, and 18m in height, will be built at Hyundai Mipo Dockyard in Ulsan and delivered to ship owners sequentially by the second half of 2024.

The container ship is equipped with an ice-resistant function (Ice Class 1A) against ice and icebergs, and is equipped with an LNG dual-fuel propulsion engine to satisfy the strengthened environmental regulations of the International Maritime Organization (IMO), Korea Shipbuilding & Marine Engineering said.

Korea Shipbuilding & Marine Engineering (KOSPO) plans to build 107 of the total 221 vessels ordered this year, including the containership contracted this year, as eco-friendly ships equipped with LNG, LPG and methanol fuel propulsion engines.

A company official said, “As regulations in response to the climate crisis are strengthened in each country, inquiries about eco-friendly ships continue to flow across a variety of ship types. “He said.

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