Shipbuilding. Energy. Transport

On-line supplement
to the Maritime Market magazine

Shipbuilding. Energy. Transport Maritime Market magazine

Press Release

HHI Group Wins Orders worth USD 1.05 Billion

Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, today announced the Company had won an order for one 155,000 cbm liquefied natural gas carrier worth USD 210 million from Brunei Gas on December 21.

Affiliated shipyard Hyundai Samho Heavy Industries (HSHI) won an order for four 174,000 cmb LNG carriers worth USD 840 million from Maran Gas on December 20. The contract with Maran Gas includes an option exercisable by the owner for two additional same-class LNG carriers.

These membrane-type LNG carriers, scheduled to be delivered between 2015 and 2016, will feature the Dual Fuel Diesel Engine System (DFDE) which allows the ships to run on diesel fuel or natural gas.

Since its first LNG carrier order in 1991, Hyundai Heavy has built 40 ships for liquefied natural gas. Hyundai Samho Heavy has won orders for 10 LNG vessels since 2011.

*Photo: Signing Ceremony with Maran Gas, Gas Shipping unit of the Angelicoussis Shipping Group (Mr. Ka Sam-hyun (third from left), executive vice President of Hyundai Heavy; Mr. John Angelicoussis (fourth from left), president of Angelicoussis Group; Ms. Maria Angelicoussis (fifth from left), daughter of Angelicoussis group’s president)


Please see Hyundai Heavy Industries Co., Ltd. (HHI) company electronic office

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Hyundai Heavy Industries Co., Ltd. (HHI) is the world's largest shipbuilding company, headquartered in Ulsan, South Korea. It has seven business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, Engine & Machinery, Electro & Electric Systems, Construction Equipment, and Green Energy.

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