HD KSOE affiliates win 1.97 tln won in multiple shipbuilding orders | Yonhap News Agency

## Summary
OK SEOUL, April 8 (Yonhap) -- HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Wednesday its affiliates have secured shipbuilding orders worth a combined 1.97 trillion won (US$1.3 billion) in multiple deals signed this month. The shipbuilders are affiliates of HD KSOE, the intermediate holding company of South Korean shipbuilding group HD Hyundai Co. "Global demand for new vessels is rising, particularly for oil tankers, gas carriers and container ships, amid heightened geopolitical risks and elevated oil prices," a company official said. "We will continue to focus on securing high-value orders to improve profitability." HD KSOE aims to win $23.31 billion worth of orders this year, compared with $18.16 billion secured in 2024. This file photo provided by HD KSOE Co. shows a liquefied natural gas carrier. (PHOTO NOT FOR SALE) (Yonhap) kyongae.choi@yna.co.kr (END) Related Articles (LEAD) HD KSOE's Q4 net profit rises sharply on strong shipbuilding sales HD Korea Shipbuilding wins 689.6 bln-won container ship order from Oceania (LEAD) HD KSOE's Q3 net jumps nearly fivefold on high-end ships Keywords #HD KSOE-orders Articles with issue keywords Most Liked BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho Lee voices hope for peace in Easter message (2nd LD) Trump claims Iran's president has asked for ceasefire; Iran denies it Most Saved 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S. Korean actress IU Nobel chemistry laureate in Seoul prev HD KSOE affiliates win 1.97 tln won in multiple shipbuilding orders Next HD KSOE affiliates win 1.97 tln won in multiple shipbuilding orders

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SEOUL, April 8 (Yonhap) -- HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Wednesday its affiliates have secured shipbuilding orders worth a combined 1.97 trillion won (US$1.3 billion) in multiple deals signed this month.
The orders involve the construction of value-added vessels for clients across Greece, Oceania, Asia and Africa, the company said in a press release.
Among the contracts, two liquefied natural gas (LNG) carriers will be built by HD Hyundai Samho Heavy Industries Co. for 770.2 billion won, with delivery scheduled by 2029 to Sonangol Shipping Holding Ltd., an Angolan state-owned shipping firm, it said.
In separate deals, two additional LNG carriers and two liquefied petroleum gas (LPG) carriers will be built by HD Hyundai Samho Heavy Industries Co. and HD Hyundai Heavy Industries Co., respectively, for a combined 590 billion won, with deliveries scheduled by 2029.
The shipbuilders are affiliates of HD KSOE, the intermediate holding company of South Korean shipbuilding group HD Hyundai Co.
"Global demand for new vessels is rising, particularly for oil tankers, gas carriers and container ships, amid heightened geopolitical risks and elevated oil prices," a company official said. "We will continue to focus on securing high-value orders to improve profitability."
HD KSOE aims to win $23.31 billion worth of orders this year, compared with $18.16 billion secured in 2024. So far this year, it has secured orders for 68 vessels worth $7.25 billion, reaching 31.1 percent of its annual target.
This file photo provided by HD KSOE Co. shows a liquefied natural gas carrier. (PHOTO NOT FOR SALE) (Yonhap)
kyongae.choi@yna.co.kr
(END)
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HD KSOE affiliates win 1.97 tln won in multiple shipbuilding orders
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HD KSOE affiliates win 1.97 tln won in multiple shipbuilding orders

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## Expert Analysis

### Merits
- This file photo provided by HD KSOE Co. shows a liquefied natural gas carrier. (PHOTO NOT FOR SALE) (Yonhap) kyongae.choi@yna.co.kr (END) Related Articles (LEAD) HD KSOE's Q4 net profit rises sharply on strong shipbuilding sales HD Korea Shipbuilding wins 689.6 bln-won container ship order from Oceania (LEAD) HD KSOE's Q3 net jumps nearly fivefold on high-end ships Keywords #HD KSOE-orders Articles with issue keywords Most Liked BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho Lee voices hope for peace in Easter message (2nd LD) Trump claims Iran's president has asked for ceasefire; Iran denies it Most Saved 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S.

### Areas for Consideration
- This file photo provided by HD KSOE Co. shows a liquefied natural gas carrier. (PHOTO NOT FOR SALE) (Yonhap) kyongae.choi@yna.co.kr (END) Related Articles (LEAD) HD KSOE's Q4 net profit rises sharply on strong shipbuilding sales HD Korea Shipbuilding wins 689.6 bln-won container ship order from Oceania (LEAD) HD KSOE's Q3 net jumps nearly fivefold on high-end ships Keywords #HD KSOE-orders Articles with issue keywords Most Liked BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho Lee voices hope for peace in Easter message (2nd LD) Trump claims Iran's president has asked for ceasefire; Iran denies it Most Saved 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S.

### Implications
- Among the contracts, two liquefied natural gas (LNG) carriers will be built by HD Hyundai Samho Heavy Industries Co. for 770.2 billion won, with delivery scheduled by 2029 to Sonangol Shipping Holding Ltd., an Angolan state-owned shipping firm, it said.
- In separate deals, two additional LNG carriers and two liquefied petroleum gas (LPG) carriers will be built by HD Hyundai Samho Heavy Industries Co. and HD Hyundai Heavy Industries Co., respectively, for a combined 590 billion won, with deliveries scheduled by 2029.
- The shipbuilders are affiliates of HD KSOE, the intermediate holding company of South Korean shipbuilding group HD Hyundai Co. "Global demand for new vessels is rising, particularly for oil tankers, gas carriers and container ships, amid heightened geopolitical risks and elevated oil prices," a company official said. "We will continue to focus on securing high-value orders to improve profitability." HD KSOE aims to win $23.31 billion worth of orders this year, compared with $18.16 billion secured in 2024.
- This file photo provided by HD KSOE Co. shows a liquefied natural gas carrier. (PHOTO NOT FOR SALE) (Yonhap) kyongae.choi@yna.co.kr (END) Related Articles (LEAD) HD KSOE's Q4 net profit rises sharply on strong shipbuilding sales HD Korea Shipbuilding wins 689.6 bln-won container ship order from Oceania (LEAD) HD KSOE's Q3 net jumps nearly fivefold on high-end ships Keywords #HD KSOE-orders Articles with issue keywords Most Liked BTS to drop 'Come Over,' exclusive new track on 'Arirang' LP (LEAD) BTS tops Billboard albums chart for 2nd week with 'Arirang,' a first in K-pop 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho Lee voices hope for peace in Easter message (2nd LD) Trump claims Iran's president has asked for ceasefire; Iran denies it Most Saved 'Beef' Season 2 deepens Korean narrative, casts A-listers Youn Yuh-jung, Song Kang-ho (3rd LD) Lee says S.

### Expert Commentary
This article covers korea, ksoe, orders topics. Notable strengths include discussion of korea. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 551.