Hyundai Heavy Industries announced that the company and its affiliated shipyard have obtained orders totaling USD 1.05 billion to build five liquefied natural gas carriers.
Hyundai Heavy in a statement said that it had won an order for one 155,000 cubic meter LNG carrier worth USD 210 million from Brunei Gas.
The company's affiliated shipyard,Hyundai Samho Heavy Industries,also won a contract for four 174,000 cubic metre LNG carriers valued at USD 840 million from Greece's Maran Gas on Thursday.The contract included an option exercisable by the owner for two additional same class LNG carriers.
According to the company,the LNG carriers,scheduled to be delivered between 2015 and 2016,will feature the so called dual fuel diesel engine system which allows the ships to run either on diesel fuel or natural gas.Since its first LNG carrier order in 1991,Hyundai Heavy Industries has built 40 such carriers while Hyundai Samho Heavy has won orders for 10 LNG vessels since 2011.
