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Hanwha Ocean wins $499.6 mil. order to build 2 LNG carriers

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Hanwha Ocean's liquefied natural gas carrier / Courtesy of Hanwha Ocean

Hanwha Ocean's liquefied natural gas carrier / Courtesy of Hanwha Ocean

Hanwha Ocean said Monday it has won a 680 billion-won ($499.6 million) order to build two liquefied natural gas (LNG) carriers.

The Korean shipbuilder said in a regulatory filing that it will deliver the vessels to an unidentified African shipowner by November 2029.

With the latest contract, Hanwha Ocean has secured orders worth a combined $7.71 billion for 41 vessels so far this year, including 18 very large crude carriers, eight LNG carriers and six container ships.