Hanwha Ocean wins two LNG carriers, lifting September orders to 2.8918 trillion won

  • Hanwha Ocean won two LNG carriers from an African shipowner.
  • 680 billion won represented 5.3% of last year's revenue.
  • Hanwha Ocean's September orders reached 2.8918 trillion won after three deals.

Hanwha Ocean (042660.KS) has secured an order for two LNG carriers (ships transporting liquefied natural gas) from an African shipowner for about 680 billion won, bringing its September order total to 2.8918 trillion won, or about 2.9 trillion won. The deal represents 5.3% of the shipbuilder's revenue last year. Earlier this month, Hanwha Ocean won three very large gas carriers from an Oceania-based shipowner and six 13,650-TEU LNG dual-fuel container ships from Taiwan's Yang Ming Marine Transport for 1.5527 trillion won. Its orders so far this year now cover 41 vessels worth $7.71 billion, including crude oil, LNG, container, ammonia and wind-turbine installation vessels. Strong order intake is coinciding with prolonged labor negotiations and partial strikes: the union staged a seven-hour walkout on the 14th, halted all four Goliath cranes on the 18th and is scheduled to resume talks on the 29th.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.