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.
