en.Wedoany.com Reported - BGN Group has signed a contract with HD Hyundai Heavy Industries for the construction of four dual-fuel very large gas carriers, each with a cargo capacity of 90,000 cubic meters. These vessels will be built at HD Hyundai Heavy Industries' shipyard in South Korea and are expected to be delivered by 2029.

This order is part of BGN's strategy to expand its liquefied petroleum gas (LPG) fleet capacity, enhancing its position in global energy trade and logistics. These dual-fuel very large gas carriers are designed to operate on both conventional fuels and low-emission alternative fuels, while also being capable of transporting clean fuels such as ammonia to meet environmental standards.

Ozan Turgut, Shipping Director at BGN, stated: "We are delighted to sign a strategic partnership with Hyundai Heavy Industries in South Korea for the construction and delivery of 4 new very large gas carriers to expand BGN's shipping fleet. These technologically advanced dual-fuel LPG carriers can operate on both conventional and low-emission alternative fuels and are equipped with the capability to transport ammonia to meet stringent environmental standards. This investment ensures long-term commercial viability, demonstrates our commitment to business growth, and contributes to industry-wide decarbonization efforts."

A representative from HD Hyundai Heavy Industries said: "We are pleased to have secured the order to build 4 new dual-fuel LPG very large gas carriers for BGN Group. With a capacity of 90,000 cubic meters, these vessels' dual-fuel technology enables them to use both conventional and cleaner fuels. We have a long-standing partnership with BGN and are delighted they have chosen to work with HD Hyundai Heavy Industries once again to continue expanding their global LPG fleet."

This investment further strengthens BGN's commitment to scaling its operations through strategic partnerships, supporting its global growth objectives while enhancing competitiveness in the LPG sector.

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