[Splash 247/ April2, 2025] HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has firmed up a deal with Sonangol for a pair of suezmax tanker newbuildings.

The shipbuilding intermediate holding company of HD Hyundai said in a filing the Angola state-controlled oil company is paying $176m to see the 157,000 dwt duo delivered by end-May 2027.

Splash reported the news in February when the deal was at the letter of intent stage, with shipbuilding sources estimating it at about $190m.

Sonangol’s current fleet numbers 15 tankers and five gas carriers, with two suezmaxes scheduled to join the fleet from HD Hyundai Samho this year. The same yard has been tasked for the latest newbuilding project, taking Sonangol’s suezmax orders in South Korea since 2014 to 10.