Korea Shipbuilding & Offshore Engineering (KSOE) has won orders for nine container vessels with a total contract value of US$580 million in the last two working days.
Today (28 February), KSOE announced that an Asian customer ordered three 7,900 TEU LNG dual-fuelled ships with a total price of US$355 million. Construction of the ships will be undertaken by one of KSOE’s subsidiary yards, Hyundai Samho Heavy Industries, with delivery expected in the second half of 2024.
The company also confirmed that on 25 February, another of its subsidiary yards, Hyundai Mipo Dockyard, won orders for six feeder ships with a total price of US$225 million from a Central American customer. The delivery of the feeder vessels is expected in the second half of 2023.
Clarksons Research estimates that this year, container shipments will increase 4% compared to 2022 levels to 214.01 million TEU.
With the increase in cargo volume, the demand for medium-sized container ships used on short-distance routes is also expected to increase.
“Enquiries about eco-friendly container ships continue to rise in line with the increase in global freight volumes and tighter environmental regulations,” said KSOE’s representative.
Martina Li
Asia Correspondent
