On April 28, Hanwha Ocean announced that it had signed a contract with an Oceania shipowner to build two very large crude carriers (VLCCs). The total order value is approximately 371 billion won (approximately $257 million), and the cost of each vessel is approximately US$128.5 million.
Together with the latest order, Hanwha Ocean has taken orders for 14 new vessels worth about $3 billion so far this year. By ship type, these include two liquefied natural gas (LNG) carriers, six ultra-large container ships and six VLCCs.
Hanwha Ocean said, “The company will continue to utilize its technology and experience in building various vessels, including VLCCs, to selectively win orders for high value-added vessels.”
On the same day, Samsung Heavy Industries announced that it had received an order for two container ships valued at about 561.9 billion won (about $389 million), with a single-ship cost of about $194.5 million. Industry sources said that the order came from Wan Hai Lines, a shipping company in China’s Taiwan Province.
Together with the latest order, so far this year, Samsung Heavy Industries has taken orders for 18 new vessels worth about US$2.6 billion, realizing about 26.5% of its annual order-taking target of $9.8 billion, including one LNG carrier, nine shuttle tankers, two VLECs, four oil tankers, and two container ships.