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South Korea·Trade & Economy

South Korean shipbuilder HD Korea Shipbuilding secures $506 million in new vessel orders

Thursday, 16 April 2026, 06:12 · 1 min read

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the shipbuilding arm of South Korean conglomerate HD Hyundai, has won contracts worth a combined 745.1 billion won ($506 million) to construct four ships for European clients. The deals cover two liquefied petroleum gas carriers and two pure car and truck carriers — vessels designed to transport automobiles and heavy vehicles — with deliveries scheduled for early 2029. The announcement brings HD KSOE's total order intake for the year to $7.75 billion, representing roughly a third of its annual target of $23.31 billion.

Sources
YonhapHD Korea Shipbuilding wins 745.1 bln won in orders for 4 vessels ↗︎
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