South Korean shipbuilding major HD Hyundai Heavy Industries has signed the contract for the scheme with client worth a staggering $3.9 billion. The deal is the largest ever for South Korea's shipbuilding industry. It will provide HD Hyundai Heavy Industries with approximately six years of work as the delivery of the ships has been set for 2029. The deal was confirmed by client in September, 2024, marking the second phase of client's LNG ship acquisition program, which will support its North Field LNG expansion and Golden Pass LNG export projects.
Construction work is currently in progress at the initial stages on this scheme.
April
10
2024
Wednesday
LAST UPDATED
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