Global Business·1 min read·Author: Koreabw AI Desk

HD Hyundai Secures Additional Orders for Two LNG Carriers

HD Hyundai Heavy Industries has reached 93% of its annual order target by securing new contracts.

Updated: Nov 11, 2026, 12:01 AM GMT-3
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HD Hyundai Heavy Industries has reached 93% of its annual order target by securing new contracts.

HD Hyundai Heavy Industries recently announced that it has signed contracts for the construction of two LNG carriers with a shipping company based in Africa.

The total value of these contracts is approximately 662.9 billion won. The vessels are expected to be built and delivered by the second half of 2029.

With this latest order, HD Hyundai has secured a total of 195 vessels worth around $21.69 billion this year, achieving 93.1% of its annual order target of $23.31 billion.

The orders include a diverse range of vessels, such as LNG carriers, container ships, and LPG carriers, showcasing the company's strong position in the shipbuilding market.

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TagsHD HyundaiLNG carriersshipbuildingannual targetcontracts

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