Hyundai Marine Solution Wins Contract to Convert LNG Vessel

European Shipping Firm Signs 30 Million Deal

Global LNG Market Continues to Expand

Hyundai Marine Solution (HMS), a leading offshore solution provider, has announced a significant contract win for the conversion of a liquefied natural gas (LNG) vessel. The contract, valued at approximately 30 million, was awarded by a European shipping company, whose identity remains undisclosed.

The conversion project involves the transformation of a conventional tanker into an LNG carrier. This conversion will enable the vessel to transport and store LNG safely and efficiently. HMS's expertise in offshore engineering and shipbuilding will be utilized to complete the conversion project to the highest standards.

The contract win highlights the growing demand for LNG transportation solutions globally. As nations transition towards cleaner energy sources, LNG has emerged as a key fuel for marine propulsion and industrial processes. The expansion of the LNG market is driving demand for specialized vessels and conversion services.