South Korea’s Hyundai Glovis Co has been named as the shipowner behind an order for a single LNG carrier priced at KRW 260bn ($217m) announced by Korea Shipbuilding & Offshore Engineering Co (KSOE).

Industry sources following the business said logistics and shipowning company Hyundai Glovis contracted the vessel on the back of time-charter business with Australian energy company Woodside.