With the world’s original LNG ship land construction process, South Korea’s Hyundai Samho Heavy Industries is accelerating the construction of LNG ships, making LNG ships the most competitive products.
On May 24, Hyundai Samho Heavy Industries held a naming ceremony for four 174,000cbm LNG carriers. The four LNG carriers are all built by Norwegian shipowner Knutsen LNG and are part of the largest single ship type project undertaken by Hyundai Samho Heavy Industries since its establishment.
More than 80 related persons including Hyundai Samho Heavy Industries representative director Kim Hyung-Kwan attended the naming ceremony. The four LNG ships were named “Santander Knutsen”, “Huelva Knutsen”, “Ferrol Knutsen” and “Extremadura Knutsen”. Its names are derived from various Spanish place names closely related to Knutsen LNG‘s business.
It is reported that the four LNGCs named this time will be delivered from June this year until the end of 2025, after which they will be leased to oil giant Shell. This type of LNG carrier is a membrane type, with a total length of 299.6 meters, a width of 46.4 meters, and a depth of 26.3 meters. Both are equipped with dual-fuel X-DF engines, boil-off gas management devices, Hi-ALS air lubrication systems, and auxiliary power shaft engines, and Optimized hull and speed design. In addition, the series will incorporate “the latest industry knowledge and safety advice”, including MEG4 compliant moorings.
According to the International Ship Network, so far, Hyundai Samho Heavy Industries has undertaken a total of 15 LNG ships of the same type from Knutsen LNG, worth 3.5 trillion won (about 2.8 billion US dollars). This is also the largest single ship type project undertaken by Hyundai Samho Heavy Industries since its establishment.
A relevant person from Hyundai Samho Heavy Industries said: “Since the company built and delivered its first LNG carrier in 2008, after continuous innovation, starting from 2018, it has been continuously building LNG carriers with the world’s original LNG carrier land construction technology. At present, the company has built and delivered 33 LNG ships, and we will cultivate LNG ships into the most competitive business field on the basis of the market trust accumulated by the successful delivery of these ships.”
Hyundai Samho Heavy Industries also said that thanks to the expansion of construction capacity and the increase in ship prices, the company’s operating income will reach 4.4 trillion won (about 3.5 billion US dollars) in 2022, and will exceed 60,000 in 2024 at the earliest. 100 million won (about 4.77 billion U.S. dollars). (Wang Chu)
现代三湖重工代表理事金亨宽等80多名相关人士出席了命名仪式。这4艘LNG船被分别命名为“Santander Knutsen”号、“Huelva Knutsen”号、“Ferrol Knutsen”号、“Extremadura Knutsen号”。其名称均来源于与Knutsen LNG公司业务紧密相关的西班牙的多个地名。