HD Hyundai Samho wins $280 mil. container ship order in Oceania

This photo shows a container ship built by HD Korea Shipbuilding & Offshore Engineering. Yonhap

HD Hyundai Samho Heavy Industries, a Korean shipbuilder, said Friday it has secured a 386.8 billion-won ($280 million) order to build two container carriers for a client in the Oceania region.

The vessels will be delivered in phases to an undisclosed shipping company in Oceania by March 2028, the company said in a regulatory filing.

HD Hyundai Samho Heavy is one of three affiliates under HD Korea Shipbuilding & Offshore Engineering (HD KSOE), alongside HD Hyundai Heavy Industries and HD Hyundai Mipo Dockyard.

HD KSOE is a subholding company of HD Hyundai, formerly known as Hyundai Heavy Industries Holdings.

With the latest order, HD KSOE has secured shipbuilding contracts worth $6.98 billion so far this year, achieving 38.7 percent of its annual order target of $18.05 billion.