Hyundai Heavy bags LNG carrier pair order

Hyundai Heavy Industries, part of the Korea Shipbuilding & Offshore Engineering, has secured an order for two LNG carriers on Monday.

In its regulatory filing, KSOE said the order is valued at 425 billion South Korean won ($375 million).

The order has been placed by an unnamed European company.

The delivery of the two vessels is scheduled for August 2023, the filing reads.

The vessels will be capable of transporting up to 174,000 cubic meters of the chilled fuel.

The deal includes an option for two additional LNG tankers.