Korea Shipbuilding & Offshore Engineering (KSOE) has signed orders worth a combined KRW 1.56trn ($1.35bn) to build seven LNG carriers.

Subsidiary Hyundai Heavy Industries agreed a deal worth KRW 678bn to build three of the 174,000-cbm vessels for an unnamed Asian shipowner, with deliveries due by the end of 2024.

Sister yard Hyundai Samho Heavy Industries will build the remaining four LNG carriers, KSOE said in a regulatory filing on Friday.