SEOUL– Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Monday that it has signed a 209.9 billion won (US$187.6 million) deal to build a liquefied natural gas (LNG) carrier.

Under the deal with a European company, Hyundai Samho Heavy Industries Co, a unit of KSOE, will build and deliver the vessel by October 2023, KSOE said in a regulatory filing.

The shipbuilder did not reveal the namer of the buyer.

KSOE has three shipbuilding subsidiaries — Hyundai Heavy Industries Co., Hyundai Samho Heavy Industries and Hyundai Mipo Dockyard Co.

Source: Yonhap News Agency