South Korea's DH Shipbuilding Secures Orders for Two Suezmax Tankers Worth 282.8 Billion Won

en.Wedoany.com Reported - South Korea's DH Shipbuilding has secured an order from an Oceania shipping company for two Suezmax tankers. The total contract value is 282.8 billion won, with a unit price of 141.4 billion won per vessel, approximately $202 million (about $101 million per vessel). This Suezmax tanker order represents the highest single-vessel contract price for DH Shipbuilding this year. The two vessels are scheduled for delivery starting in November 2028.

The buyer for this order is a long-standing customer of DH Shipbuilding. Since their initial cooperation last year, the client has placed multiple orders, including one vessel in September, one in November last year, and two in February, two in March, and two in May this year, and has already taken delivery of the first vessel. The signing of these Suezmax tanker orders brings DH Shipbuilding's cumulative orders for 2026 to 15 vessels.

DH Shipbuilding stated that this Suezmax tanker order features a shorter construction period, freeing up additional berth slots for 2028 and helping the company secure orders covering through the end of 2029. Daehan Shipbuilding (also known as DH Shipbuilding) is a South Korean shipbuilder headquartered in Haenam County, South Jeolla Province, primarily constructing product tankers, crude oil tankers, shuttle tankers, and bulk carriers.

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