South Korean shipyard HD Korea Shipbuilding & Offshore Engineering Co. said Wednesday it has won a 179 billion-won (US$141.4 million) order to build two liquefied carbon dioxide (CO2) carriers for a Greek shipper.
Hyundai Mipo Dockyard Co., one of HD Korea Shipbuilding & Offshore Engineering's three subsidiaries, will construct the 22,000-cubic-meter vessels in its shipyard in the southeastern port of Ulsan, HD Korea Shipbuilding said in a regulatory statement.
The liquefied CO2 carriers will be delivered to Capital Maritime & Trading Corp. in stages from the second half of 2025.
The vessels, which are also capable of carrying liquefied natural gas, ammonia and other liquefied gases, will be the largest of their kind in the world, HD Korea Shipbuilding added.
So far this year, HD Korea Shipbuilding has clinched $14.59 billion worth of orders to build 111 vessels and a floating production unit, or 92.7 percent of its yearly order target of $15.74 billion.
HD Korea Shipbuilding, a subholding company of shipbuilding, oil refining and machinery conglomerate HD Hyundai, has three units under its wing -- HD Hyundai Heavy Industries Co., Hyundai Mipo Dockyard and Hyundai Samho Heavy Industries Co.