Knutsen signs for Mipo’s debut 30,000 cu m gas carrier

Cementing a banner few days for South Korean shipbuilders in the LNG domain Hyundai Mipo Dockyard has signed a $77m contract to build a 30,000 cu m LNG carrier for Norway’s Knutsen. The 180 m long, dual fuel ship will be used to supply LNG to Sardinia. The contract comes with an option for one more ship and marks a new design marketed by Hyundai Mipo, an affiliate of Hyundai Heavy Industries where Knutsen has three 180,000 cu m LNG carriers under construction at the moment.

In recent days another Hyundai affiliate, Hyundai Samho, has bagged big LNG orders – with Nippon Yusen Kaisha and George Economou’s TMS Cardiff both coming in for two 174,000 cu m ships each, while in an update to yesterday’s news of a big gas carrier order at rival Korean yard, Daewoo Shipbuilding & Marine Engineering (DSME), Splash can reveal it was regular client, Andreas Sohmen-Pao’s BW Group who came in for two firm plus four options in a deal worth up to $1.1bn.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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