Hyundai’s shipbuilding division has received four LPG carrier orders worth US$300mn. The ordered vessels include two 60,000 cubic metres LPG carriers from Solvang of Norway and two 35,000 cubic metres LPG carriers from Itochu of Japan.
The ordered 60,000 cubic meters LPG carriers will measure 204.9m in length, 32.2m in width and 20.8m in depth with a service speed of 16 knots.
The division won 16 large-size LPG carriers this year, taking 60% of market share and boosting its rank to the No. 1 spot in the world’s LPG carrier market. The division has a current backlog of 32 vessels and has delivered a total 36 LPG carriers worldwide.
With the dramatic increase in the demand for gas energy, more ship owners are continuously placing orders for LPG carriers.