Singapore-based Trafigura has signed a contract with HD Hyundai for four Medium Gas Carriers that will carry either LPG or ammonia and will be equipped with a dual-fuel, low-carbon ammonia engine. The vessels will be built at the HD Hyundai Mipo Dockyard located in Ulsan, South Korea. Delivery of the first vessel is expected in 2027.
HD Korea Shipbuilding has secured orders to construct 72 vessels totaling $8.75 billion so far in 2024 (GM March 22, 2024).