Newcomer Hanwha Shipping — the shipping arm of South Korea’s major shipbuilder Hanwha Ocean — is building up its fleet with orders for VLCC newbuildings and LNG carriers.
Hanwha Ocean has secured a contract for two LNG carriers worth KRW 732.2bn ($504m) from Hanwha Shipping, it announced on Monday,
The Okpo-based shipyard confirmed the LNG carriers are 174,000 cbm but provided no further details.
