Samsung Heavy Wins Conditional Deal for Vessel Pair

South Korean shipbuilder Samsung Heavy Industries (SHI) revealed it has inked a shipbuilding contract for two vessels with an unnamed shipowner.

As informed, the contract value is KRW 271 billion (around USD 242 million).

The agreement remains conditional and is subject to final approval of the shipowner, according to SHI.

SHI didn’t provide any details on the ships’ type.

If and when the agreement is finalized, the company plans to release more information on the vessels in question.

So far in 2017, the shipbuilder won USD 4.8 billion worth of orders to build thirteen vessels, including two offshore plants. SHI is expected to end the year with some USD 6.2 billion worth of orders, slightly less than its 2017 goal of USD 6.5 billion.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >