HHI Group achieves its 2018 target for shipbuilding orders
HHI Group achieves its 2018 target for shipbuilding orders
  • Lee Jun-sung
  • 승인 2018.12.14 12:00
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HHI Homepage capture

Hyundai Heavy Industries (HHI) Group recently won the order for two escort ships, achieving its goal for this year in advance. HHI announced on Dec. 13 that it has signed a contract with the Defense Acquisition Program Administration (DAPA)  to build two 2,800-ton convoys worth 633.5 billion won. 

Of the Navy's 2,800-ton second-stage convoy (FFG Batch-II) project, they are No. 7 and 8 ships, which are 122 meters long and 14 meters wide, and have a maximum speed of 30 knots. The construction is scheduled to begin in the second half of 2020 and will be delivered sequentially by 2023.

HHI has built a total of 80 vessels since it built Korea's first combat ship, the "Ulsan Vessel," in December 1980, boasting of the biggest fleet construction record in Korea.

HHI Group won orders for a total of 153 ships worth $13.3 billion this year, exceeding its shipbuilding sector's goal of $13.2 billion. They include 40 gas vessels (25 LNG carriers and 15 LPG carriers), 56 oil vessels, 50 container ships, four bulk carriers, two escort vessels, and one ferry.

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