Norway’s Solvang is being linked to an order for two VLGC newbuildings at Hyundai Heavy Industries (HHI).

HD Korea Shipbuilding & Offshore Engineering Co (HD KSOE) said it has inked a newbuilding order with a European company for the construction of two VLGCs worth KRW288.2bn ($215m) or $107.5m per ship.

The South Korean shipbuilding group did not reveal the name of the buyer but said the VLGCs will be constructed by the Ulsan-based HHI.