Norway’s Knutsen OAS Shipping can be revealed as the owner behind yesterday’s LNG carrier announcement from Hyundai Heavy Industries (HHI). The Korean shipbuilder revealed yesterday it had bagged an order for a 180,000 cu m LNG ship, without specifying from whom. While no price was given, estimates put the contract at around $193m.
The ship will go on long term charter to Iberdrola, a Spanish power company, which is set to import 800,000 tons of LNG per year from 2019 at the Corpus Christi project in Texas.
After a dire 2016, HHI has now won orders for six ships so far this year worth an estimated $800m.