KSS Line Returns to Hyundai for 5th LPG Carrier

Hyundai HeavyIllustration; Source: Flickr – under the CC BY 2.0 license; Image by: Jasmine Halki

South Korean shipping company KSS Line placed an order for the construction of a new class 84,000 cbm Very Large Gas Carrier (VLGC) at compatriot Hyundai Heavy Industries.

This is the fifth VLGC order at the yard. All five VLGCs are scheduled for delivery in 2021.

Once delivered, the LPG carrier is scheduled to enter into a KRW 155.5 billion long-term transportation contract with BGN Group, a European-based energy company, for seven years.

The construction order is estimated to be worth USD 77.9 million.

The gas carrier pertains to the same series of 84,000 cbm carriers ordered last year.

The ships will be fitted with scrubbers to meet the IMO sulphur 2020 regulation.

Based on the data from VesselsValue, the company has 21 live vessels in its fleet, including 16 LPG carriers with the latest order.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

Europort Romania

Europort Romania is the premier maritime networking event of the Black Sea and will connect maritime technology and service suppliers with high level professionals from Romania and surrounding shipbuilding markets.

More info

read more >

MARITIME INDUSTRY 2020

The future of the maritime sector is the point of focus during Maritime Industry 2020.

read more >