[Alpha Biz=(Chicago) Reporter Kim Jisun] Major domestic shipbuilders have succeeded in winning expensive ship orders one after another since the beginning of the year. 

 

The shipbuilders, which have already received three to four years of work and have almost full slots, are planning to win selective orders mainly for ships with high ship prices, such as liquefied natural gas (LNG) carriers and eco-friendly fuel propulsion ships, in earnest this year.

Korea Shipbuilding & Marine Engineering Co., HD Hyundai's intermediate shipbuilding holding company, said on the 1st that it has recently signed a contract with a European shipping company to build 12 methanol-driven super-large container ships. 

 

The total contract amount is 2.5264 trillion won. It is the largest order in the history of the domestic shipbuilding industry based on a single contract. The large-scale contract was signed as global carbon regulations flooded orders to replace old ships. 

 

As of that day, Korea Shipbuilding & Marine Engineering received orders for $3.7 billion out of its annual order target of $15.74 billion, with its target reaching 23% in a month. Samsung Heavy Industries also received orders worth $2 billion (about 2.46 trillion won) in a month as an expensive ship-oriented order strategy. 

 

Samsung Heavy Industries announced that it signed a construction contract with a shipping company in Oceania for two LNG carriers. With a $500 million (about 609.7 billion won) contract, the company signed a $2 billion contract in a month, including one floating LNG production facility (FLNG) worth 1.5 billion won last month. 

 

Daewoo Shipbuilding & Marine Engineering, which has not received orders so far, will carry out selective orders centered on high-priced ships in earnest this year. Daewoo Shipbuilding & Marine Engineering has set this year's order target at $6.98 billion, down 32 percent from a year earlier.

 

 

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