Hyundai Mipo Dockyard wins order for 30,000 cu.m LNG carrier

Knutsen President Trygve Seglem with Hyundai Heavy Industries President Ka Sam-hyun Knutsen President Trygve Seglem with Hyundai Heavy Industries President Ka Sam-hyun

DECEMBER 6, 2018 — Hyundai Mipo Dockyard (HMD) has won a contract worth $77 million to build a 30,000 cu.m LNG carrier for Norway's Knutsen OAS, making it the first Korean shipbuilder to win an export order for a small to medium size LNG carrier. The contract includes an option for a second ship.

The signing ceremony, held in Knutsen’s headquarters office in Oslo, was attended by Hyundai Heavy Industries’ (HHI) President Ka Sam-hyun and Knutsen’s President Trygve Seglem along with others.

The vessel ordered by Knutsen is 180 m in length, 28.4 m in width and 19.4 m in depth, scheduled for delivery in the first quarter of 2021 to carry LNG from eastern Italy to Sardinia.

It will have dual fuel engines able to operate on boil-off gas and will be equipped with a gas generator.

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