KSOE Secures Orders Worth $292m

Korea Shipbuilding & Offshore Engineering(KSOE) secures newbuild orders worth close to KRW 330bn ($292m), says an article on BM Global.

Contract of VLEC

The holding company of Hyundai Heavy Industries (HHI) said on 1 April, HHI had won a contract for the construction of two very large ethane carriers (VLECs).

Under the KRW 247.1bn (close to $219m) deal, HHI will build the VLECs for an undisclosed Asian shipping company.

Delivery details

The newbuilds should be delivered by 31 January 2023, KSOE’s...


KOSE Won Fresh Orders Worth $724 Million

South Korea’s largest shipbuilder Korea Shipbuilding & Offshore Engineering Co. (KOSE) has won fresh orders worth 823 billion won ($724 million) in recent weeks amid growing global demand for and eco-friendly gas carriers, reports mk.co.kr.

About New Contracts

KOSE said Monday that its shipbuilding subsidiaries have received new contracts to construct a total of 10 vessels for four clients from Europe, Africa and Oceania. The new orders include four 300,000-ton very large crude carriers (VLCC),...


Korea Shipbuilding Clinches $529m Deal for 7 Vessels

  • Korea Shipbuilding has received a combined 582 billion won (US$529 million) in orders to build several ships.
  • The company has signed several deals with unidentified shippers in Europe to build seven ships.
  • The container carriers and LPG ships will be delivered from the second half of 2022, while the PC vessel will be delivered in the first half of 2022.

Korea Shipbuilding & Offshore Engineering Co., the world’s leading shipbuilding group, has received a combined 582 billion won (US$529...


HHI Wins US $ 213M Orders Breaking the Sale Drought

  • South Korean shipbuilding holding company Korea Shipbuilding & Offshore Engineering Co. has signed a combined 240 billion won (US$213 million) of orders from Africa and Europe.
  • Korea Shipbuilding has obtained deals to build two 300,000-ton Very Large Crude-oil Carriers (VLCC) and a 50,000-ton petrochemicals carrier from customers in the areas.

Korea Shipbuilding wins 240 bln won orders from Africa, Europe, writes Nam Kwang-sik for Yonhap News Agency.

Orders from Africa and Europe

South Korean...


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