HD Hyundai Heavy Industries, an intermediate holding company for HD Korea Shipbuilding and Offshore Engineering, announced on March 18 that it had won the order for three large ammonia carriers for clients in Oceania, with the contract valued at $372 million.
The vessels will be constructed at the Ulsan, South Korea HD Hyundai Heavy Industries facility, and are expected to be delivered by December 2027. HD Korea Shipbuilding has secured orders to construct 72 vessels totaling $8.75 billion so far in 2024.