Under the deal, worth 515.4 billion won, equivalent to 2.93 percent of the company's annual revenue, the vessels will be built by its affiliate HD Hyundai Heavy Industries and delivered by the first half of 2030.
With the latest order, HD Korea Shipbuilding & Offshore Engineering has secured a total of $18.08 billion in orders for 162 ships, reaching 77.6 percent of its annual target of $23.31 billion.
By ship type, the orders include 17 liquefied natural gas carriers, 30 container ships, 50 LPG, ammonia and liquefied carbon dioxide carriers, 11 crude oil tankers, 50 petrochemical product carriers, two car carriers and two other vessels.
Separately, the company said it posted 8.93 trillion won in sales and 1.65 trillion won in operating profit in the second quarter of this year, up 20.2 percent and 72.5 percent, respectively from a year earlier.
AJP Takeaways
• HD Korea Shipbuilding & Offshore Engineering won a contract from an Oceania-based shipping company to build four liquefied petroleum gas carriers, with the vessels to be built by its affiliate HD Hyundai Heavy Industries.
• The 515.4 billion-won deal is equivalent to 2.93 percent of HD Korea Shipbuilding & Offshore Engineering's annual revenue, with the four vessels scheduled for delivery by the first half of 2030.
• HD Korea Shipbuilding & Offshore Engineering has secured $18.08 billion in orders for 162 ships so far this year, achieving 77.6 percent of its annual order target of $23.31 billion.
• The company's orders span multiple ship types, including 17 liquefied natural gas carriers, 30 container ships, 50 LPG, ammonia and liquefied carbon dioxide carriers, 11 crude oil tankers, 50 petrochemical product carriers, two car carriers and two other vessels.
• HD Korea Shipbuilding & Offshore Engineering reported 8.93 trillion won in second-quarter 2026 sales and 1.65 trillion won in operating profit, up 20.2 percent and 72.5 percent, respectively, from a year earlier.
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