HD Korea Shipbuilding wins $469.6 mil. order to build 4 container ships
A container ship built by HD Korea Shipbuilding & Offshore Engineering / Courtesy of HD Korea Shipbuilding & Offshore Engineering
HD Korea Shipbuilding & Offshore Engineering said Monday it has secured a 651.9 billion-won ($469.6 million) order to build four container ships for a shipper based in the British Virgin Islands.
The vessels will be constructed at the shipyard of HD Hyundai Samho Heavy Industries, one of its shipbuilding units, with delivery scheduled for the second half of 2028, the company said in a regulatory filing.
With the latest contract, HD Korea Shipbuilding has secured orders for a total of 90 vessels worth $12.2 billion so far this year, achieving 67.7 percent of its annual order target of $18.05 billion.
HD Korea Shipbuilding is a subholding company under HD Hyundai , formerly known as Hyundai Heavy Industries Holdings. It has three affiliates, including HD Hyundai Heavy Industries and HD Hyundai Mipo Dockyard .