SHI Delays Delivery of LNG Carrier Duo

South Korean shipbuilder Samsung Heavy Industries (SHI) is in talks on a new delivery deadline for a liquefied natural gas (LNG) carrier duo with an unnamed Asian shipowner. 

The two ships were ordered in January 2015 and were supposed to be delivered at the end of September 2017.

SHI said in a regulatory filing that once the new delivery schedule is agreed it would arrange for the necessary refunding to be carried out resulting from the delay.

The LNG carrier duo was priced at USD 395 million.

The shipbuilder has been busy with deliveries of OOCL’s ultra large container vessels (ULCVs) newbuildings over the recent months, which saw four 21,413 TEU containerships delivered to the company since May this year, OOCL United Kingdom, OOCL Germany, OOCL Japan and OOCL Hong Kong.

Two more ships from the batch remain to be delivered.

Late last month, the company secured an order for the construction of six ULCVs. The contract is worth KRW 1.118 trillion (USD 982.6 million), according to SHI.

The Korean shipbuilder said the order was placed by a European shipowner but did not disclose its identity.

The company’s order backlog stands at USD 12.9 billion, with USD 6.5 billion worth of orders bagged this year.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2019 >>
MTWTFSS
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

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >