KSS Line adds VLGC order at Hyundai Heavy

South Korean owner KSS Line has placed an order at a Hyundai Heavy Industries for the construction of another 84,000 cu m VLGC.

The latest order will add the number of KSS Line’s VLGC newbuildings at the yard to five.

The price for the latest ship is $77.9m according to shipbroking sources, slightly higher than the price of $76m for the same series of ships ordered at the yard last year. All the ships in the series will be fitted with scrubbers.

KSS Line currently owns a fleet of 29 vessels made up of 18 LPG carriers, 7 chemical tankers and four LNG carriers.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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