By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: Firm Gets $530m Contract For Two LNG Carriers
Share
Sign In
Notification Show More
Latest News
FG Settles Federal Government, Bi-Courtney’s Decades-Long Concession Bottlenecks
Aviation Business Infrastructure News Politics
YOUR WELFARE, SAFETY AND SECURITY, OUR PRIORITY: DG NYSC TO CORPS MEMBERS
Civil Service Education Labour Metro News
Group to Baba-Ahmed: President Tinubu is sensitive to the plight of Nigerians
Business Economy News Politics
Tinubu reforms pushing local manufacturers to higher revenue levels -IMPI
Business Economy News
Group celebrates Sen. Orji Uzor Kalu @ 66
Metro News Politics
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > News > Foreign > Firm Gets $530m Contract For Two LNG Carriers
BusinessForeignNews

Firm Gets $530m Contract For Two LNG Carriers

Publisher
By Publisher Published November 19, 2023
Share
1 Min Read
SHARE

South Korean shipbuilding giant, HD Korea Shipbuilding & Offshore Engineering Company (HD KSOE) has received an order to build two liquified natural gas (LNG) carriers for an undisclosed shipowner from Africa.

According to the company’s stock exchange filling, the vessels will be built by HD KSOE’s subsidiary HD Hyundai Heavy Industries.

The new LNG carriers have a price tag of $530 million. The vessels are slated for delivery by the end of February 2028.

- Advertisement -
Ad image

LNG carriers are attracting strategic investments from companies around the world. These orders reflect the increasing prominence of liquefied natural gas as an efficient energy source, driving demand for specialized carriers to transport LNG.

Since the beginning of the year, HD KSOE clinched $20.89 billion worth of orders to build 146 vessels and a floating production unit. This represents 132.7 percent of its yearly order target of $15.74 billion.-World Maritime News

Like this:

Like Loading...

Related

You Might Also Like

FG Settles Federal Government, Bi-Courtney’s Decades-Long Concession Bottlenecks

YOUR WELFARE, SAFETY AND SECURITY, OUR PRIORITY: DG NYSC TO CORPS MEMBERS

Group to Baba-Ahmed: President Tinubu is sensitive to the plight of Nigerians

Tinubu reforms pushing local manufacturers to higher revenue levels -IMPI

Group celebrates Sen. Orji Uzor Kalu @ 66

TAGGED: South Korean shipbuilding giant

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher November 19, 2023
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article Sun Africa commits $12.2billion for Nigeria’s energy needs
Next Article CHRONICLE OF NEKE DEVELOPMENT FOUNDATION’S ACTIVITIES
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow
- Advertisement -
Ad image

– Member of –

Latest News

FG Settles Federal Government, Bi-Courtney’s Decades-Long Concession Bottlenecks
Aviation Business Infrastructure News Politics May 1, 2026
YOUR WELFARE, SAFETY AND SECURITY, OUR PRIORITY: DG NYSC TO CORPS MEMBERS
Civil Service Education Labour Metro News May 1, 2026
Group to Baba-Ahmed: President Tinubu is sensitive to the plight of Nigerians
Business Economy News Politics May 1, 2026
Tinubu reforms pushing local manufacturers to higher revenue levels -IMPI
Business Economy News May 1, 2026

You Might also Like

AviationBusinessInfrastructureNewsPolitics

FG Settles Federal Government, Bi-Courtney’s Decades-Long Concession Bottlenecks

May 1, 2026
Civil ServiceEducationLabourMetroNews

YOUR WELFARE, SAFETY AND SECURITY, OUR PRIORITY: DG NYSC TO CORPS MEMBERS

May 1, 2026
BusinessEconomyNewsPolitics

Group to Baba-Ahmed: President Tinubu is sensitive to the plight of Nigerians

May 1, 2026
BusinessEconomyNews

Tinubu reforms pushing local manufacturers to higher revenue levels -IMPI

May 1, 2026
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d