South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Tuesday it has won a 631.9 billion-won (US$466.4 million) order to build four very large ammonia carriers (VLAC) for a European shipper, according to Yonhap.
The VLAC vessels will be built at the shipyard of Hyundai Samho Heavy Industries Co. for delivery by July 2028, the company said in a regulatory filing.
The company didn't identify the name of the shipper.
So far this year, HD Korea Shipbuilding has obtained orders to construct 86 vessels worth $9.86 billion, or 73 percent of its yearly target of $13.5 billion.
The ships include six liquefied natural gas carriers, 32 petrochemical carriers, 32 liquefied petroleum gas and ammonia carriers, and six very large and ultra-large crude carriers.
HD Korea Shipbuilding, a subholding company of shipbuilding, oil refining and machinery conglomerate HD Hyundai, has three domestic units under its wing -- HD Hyundai Heavy Industries Co., Hyundai Mipo Dockyard Co. and Hyundai Samho Heavy Industries.