HD Korea Shipbuilding & Marine Engineering has won four orders for super-large ammonia carriers

Reporter Kim Jisun / approved : 2023-09-08 05:12:22
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[Alpha Biz=(Chicago) Reporter Kim Jisun] HD Korea Shipbuilding & Marine Engineering Co. said on the 7th that it has signed a contract with two overseas shipping companies to build a super-large ammonia carrier by participating in "GASTECH 2023" in Singapore.

The contract is signed by Singapore EPS, Greek Capital. Ulsan HD Hyundai Heavy Industries will build four 88,000㎥ ammonia carriers and deliver them one by one by the second half of 2027. The contract alone amounts to 616.8 billion won.

HD Korea Shipbuilding & Marine Engineering is also considering converting the ship to an ammonia propulsion ship. This will create the world's first ammonia propulsion ship. 

 

HD Korea Shipbuilding & Marine Engineering also exceeded its annual order target with the contract. Until this day, 122 ships (including one marine) won $ 15.94 billion, recording 101.3% of the target ($ 15.74 billion).

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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