HD Hyundai Samho Secures Order for 3 Very Large Ammonia Carriers
HD Hyundai Samho announced that it has recently succeeded in winning an order for three Very Large Ammonia Carriers (VLACs) from a European shipowner. This contract serves as another testament to the outstanding technological prowess of the Korean shipbuilding industry.
The vessels ordered are 90,000 cbm (cubic meter) class very large carriers. The contract price is $121 million per vessel, bringing the total contract value to a significant amount.
Ammonia carriers are considered vital vessels in the era of eco-friendly energy transition. As ammonia is gaining attention as a next-generation carbon-free fuel, the global demand for such vessels is steadily increasing.
Through this order, HD Hyundai Samho has further strengthened its competitiveness in the eco-friendly vessel market. The company is expected to continue expanding its presence in the global market based on its superior technological capabilities.