Hyundai Heavy Sheds More Light on Tanker Order

Friday, May 8, 2020

South Korean shipbuilder Hyundai Heavy Industries has shared more details on its newly secured contract to build two crude oil carriers.

The company had on Thursday issued a brief statement on the Korea Exchange sharing it had won contracts to build two tankers for a European client. The order value is 149,8 billion South Korean Won, or $122,2 million.

In a subsequent release issued on Friday on its website, Hyundai Heavy said the orders were secured for two 158,000-ton crude carriers.

"This contract includes two option contracts, so we expect further orders," Hyundai Heavy Industries said, but, as with its first announcement, it did not reveal the name of the client.

It did, however, share the tankers' dimension. The crude carriers will be 274m long, 48m wide, and 23.2m high each.

They will be built at Hyundai Heavy Industries in Ulsan and will be delivered by the early 2022.

Categories: Shipbuilding Europe Crude Carrier

Related Stories

Borr Drilling Bags Three New Assignments for its Jack-Up Drilling Rigs

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

EnerMech Names APAC Regional Chief

Woodside Inks Long-Term LNG Supply Deal with China Resources

MODEC and Samsung Team Up to Install Carbon Capture Tech on FPSO

Tokyo Gas Enters LNG Market in Philippines

SLB Names Raman CSO, CMO

AIRCAT 35 Crewliner Vessels Delivered to Service TotalEnergies Angola

ADES’ Fourth Suspended Jack-Up Rig Gets Work Offshore Thailand

Vestas Lands First 15MW Offshore Wind Turbine Order in Asia Pacific

Current News

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com