rss icon Subscribe
desktop mobile

Hyundai Wins LNG carrier Order from H-Line

Image: Hyundai Heavy Industries Group

Laxman Pai

Hyundai Samho Heavy Industries (HSHI), a unit of the South Korean shipbuilder Hyundai Heavy Industries (HHI), has won an order for a liquefied natural gas (LNG) carrier.

According to a stock exchange announcement by HHI, the deal has a value of $191.2 million.

Yonhap reported that, under the deal with H-Line Shipping Co., a midsize South Korean shipper, Hyundai Samho will deliver the vessel with a cargo capacity of 174,000 cubic meters by December 31, 2021.

Hyundai Samho, under Hyundai Heavy Industries Group, posted sales of 1.6 trillion won in the first half of the year, down 35 percent from a year earlier, but its operating profit swung to the black over the cited period, the report said.

Sep 9, 2019

 

Shipbuilding

Chinese Shipbuilder Orders TMC Compressors

Photo: Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC)

Chinese  heavy-duty equipment manufacturer Shanghai Zhenhua Heavy Industries (ZPMC) has contracted

SunStone Cuts Steel for Ocean Explorer

Pic: SunStone Ships

SunStone Ships oversaw the steel cutting of Ocean Explorer, the fourth Infinity-class vessel in

CMHI Lays Keel for Ocean Victory

Image: SunStone Ship

China Merchant Heavy Industries (CMHI) held in Haimen a keel-laying ceremony for the Miami-based

LNG

Vitol, ENH Form LNG Trading JV

Image: Vitol

Commodity trading company Vitol and the Mozambican state-owned oil and gas company ENH have formed

Korean H-Line Sign LNG Carrier TC with Vitol

Image: Vitol

Dutch energy and commodities group Vitol and South Korea's H-Line Shipping have executed a 10-year

Wartsila Wins US LNG Bunker Vessel Deal

Wärtsilä will supply its LNG Cargo Handling System for a new 5400 m3 LNG bunker barge being built in the USA. Copyright: VARD Marine.

The Finnish technology major Wärtsilä has been contracted to supply its LNG cargo handling system

Maritime Apps