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HD KSOE bags $311M deal to build 6 petroleum carriers

The company's affiliate, HD Hyundai Heavy Industries, will build the vessels contracted by a Middle Eastern client.

2026.7.9

A VLGC vessel built by HD Hyunda Heavy Industries under sea trial [HD HYUNDAI]

HD KSOE secures $230.5 million gas carrier deal for European shipper

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) inked a contract with a European shipping company for two very large gas carriers (VLGC) at 303.2 billion won ($230.5 million), marking the first contract of the year 2024.

2024.1.5

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A Very Large Ethane Carrier constructed by HD Hyundai Heavy Industries, delivered in 2022 to the ship owner, sails under a sea trial. [HD HYUNDAI]

KSOE wins $340 order to build 2 ethane carriers

Shipbuilder HD Korea Shipbuilding & Offshore Engineering (KSOE) clinched a contract for the construction of two Very Large Ethane Carriers (VLEC) from an Asian shipper for $340 million.

2023.11.17

A 200,000-cubic meter liquefied natural gas (LNG) carrier built by HD Hyundai Heavy Industries [HD HYUNDAI]

HD KSOE wins multiple contracts worth $2.1 billion for gas carriers

HD Korea Shipbuilding & Offshore Engineering (KSOE) won 2.79 trillion won ($2.3 billion) worth of orders from multiple clients in Europe, Oceania and Asia to build 12 gas carriers.

2023.5.2

A container carrier built by Hyundai Samho Heavy Industries Co., one of Korea Shipbuilding & Offshore Engineering Co.'s three affiliates.

KSOE wins $2 billion order for 12 methanol-powered ships

Korea Shipbuilding & Offshore Engineering (KSOE) won a 2.53 trillion-won ($2.05 billion) order to build 12 methanol-propelled large container ships from a European shipper, the company announced Wednesday.

2023.2.1

A 200,000-cubic-meter-class LNG carrier built and delivered by HD Hyundai in 2022 [HD HYUNDAI]

KSOE clinches first LNG carrier contract of the year

Korea Shipbuilding & Offshore Engineering (KSOE) clinched a 971.4-billion-won ($784.4 million) order to build three supersized liquefied natural gas (LNG) carriers for an Oceanian shipper, the company announced Tuesday, in the first order of 2023.

2023.1.17

KSOE decides not to seek affiliate IPO

Korea Shipbuilding and Offshore Engineering (KSOE) said Tuesday that it has decided not to push for an initial public offering of Hyundai Samho Heavy Industries, one of its three affiliates.

2023.1.3

Hanwha makes bid to acquire controlling share of STX Heavy Industries

Hanwha made a preliminary bid to acquire a controlling share of STX Heavy Industries, a local ship engine maker.

2022.12.27

A liquefied petroleum gas carrier built by Hyundai Mipo Dockyard, which is 42.4 percent owned by Korea Shipbuilding & Offshore Engineering (KSOE) [KSOE]

KSOE makes preliminary bid to acquire controlling stake of STX Heavy Industries

KSOE, the intermediate sub-holding company of HD Hyundai, submitted a letter of intent to buy 47.81 percent of STX Heavy Industries from its largest shareholder Pinetree Partners, a local private equity firm.

2022.12.16

A car carrier built by Korea Shipbuilding & Offshore Engineering. [KOREA SHIPBUILDING & OFFSHORE ENGINEERING]

Share price of STX Heavy Industries surges 30 percent Friday morning

The strong rally came after local media reported that Korea Shipbuilding and Offshore Engineering (KSOE) joined the bid to acquire 47.81 percent of STX Heavy Industries.