South Korea's HD Korea Shipbuilding & Offshore Engineering Co. (KSOE) has been awarded a contract worth 689.6 billion won ($466 million) for the construction of four container ships that will be built by the HD Hyundai shipyard Samho Co. The construction was commissioned by an owner based in Oceania and ships will be delivered by the second mid-2028.

In addition to today's announcement of the order to KSOE, the Japanese shipping company Nippon Yusen Kaisha (NYK) and the Norwegian Ocean Yield have announced that they have placed an order in Korea for four new liquefied natural gas ships to be taken over between 2028 and 2029. The two companies have announced that the ownership of the ships will be shared and that, after delivery, each ship will be employed under long-term contracts with a leading energy company that will be able to exercise options to extend the duration of the rentals and may also exercise options for add four more ships to the order.