Shipowner Korea Marine Transport Co (KMTC) is being named as the company behind a pair of container ship newbuildings announced for an HD Hyundai Group shipyard.

HD Korea Shipbuilding & Offshore Engineering, the shipyard holding company of HD Hyundai Group, said on Thursday that it had recently won a contract to build two container ships for an Asian owner at HD Hyundai Samho.

The shipbuilder did not name the contracting party, but it put the total value of the order at KRW 317.6bn ($229.4m), pricing each vessel at about $114.7m each.

They are scheduled to be delivered by March 2027.

Newbuilding sources said the container vessels are believed to be of approximately 8,700 teu in capacity and there are potential options attached to the order.

No details on their choice of fuelling were given.

KMTC has been contacted for confirmation and further details.

Seoul-headquartered KMTC, which is celebrating its 60th anniversary this year, is listed as having around 50 container ships comprising nearly 100,000 teu in total.

But if confirmed these two newbuildings would become the largest vessels in its fleet.

The company operates in the Far East and South East Asia and has previously built vessels at HD Hyundai group yards.

HD KSOE said that to date this year it has received orders for a total of 171 ships, including one offshore unit, worth $19.2bn.

This means HD KSOE has achieved 141.9% of its provisional $13.5bn annual order target.

The company broke down the orders it has received this year as eight LNG carriers, three LNG bunkering vessels, 62 product tankers, 48 LPG/ammonia carriers, 24 container ships, three ethane carriers, two liquefied carbon dioxide carriers, six VLCCs, seven tankers, two pure car/truck carriers, one floating storage and regasification unit, a single offshore unit and four naval ships.