Korea Shipbuilding wins 572 billion-won LNG ship order in Asia

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This file photo offered by Korea Shipbuilding & Offshore Engineering shows an LNG carrier. Yohap

Korea Shipbuilding & Offshore Engineering (KSOE) said Friday it has received a 572 billion-won ($460 million) liquefied natural gas (LNG) ship order in Asia.

Korea Shipbuilding will build two LNG carriers for an unidentified Asian shipper by February 2025, the company said in a regulatory filing.

The company has obtained $11.74 billion worth of ship orders so far this year, achieving 67 percent of this year's order target of $17.44 billion.

HD Hyundai, formerly known as Hyundai Heavy Industries Holdings, has KSOE as a subholding company under its wing. KSOE has three major affiliates ― Hyundai Heavy Industries, Hyundai Mipo Dockyard and Hyundai Samho Heavy Industries. (Yonhap)

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