Korea Shipbuilding & Offshore Engineering (KSOE) has received orders worth a total of approximately $528m for seven vessels from shipping firms in Europe.
The Korean shipbuilder will construct four 13,200TEU container ships, two 40,000m² liquefied petroleum gas carriers and one product carrier, reported The Korea Herald.
The names of the companies in Europe have not been disclosed.
The four container ships, which will be 335m in length; 51m in width; and 27.3m in height, will be manufactured by Hyundai Samho Heavy Industries.
These vessels will be supplied to the firms by the second half of 2022.
Korea Shipbuilding has stated that the container vessels have been designed with increased freezing container space.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
The company added that the vessels will also feature Hi-PSD, an energy solution designed to cut down CO2 emissions by 3% and enhance cost efficiency by 6%.
An official from Korea Shipbuilding & Offshore Engineering was quoted by The Korea Herald as saying: “There are inquiries about various types of vessels, and we may win additional orders this year. We will reinforce our foothold in the market with advanced technologies to reflect the global trend.”
The shipbuilder will deliver the ships by 31 August 2023.
KSOE is a shipbuilding unit of Hyundai Heavy Industries Group.