Samsung Heavy Industries Bags LNG-FSRU Gig

South Korean shipbuilder Samsung Heavy Industries Co. (SHI) has won an order to build an LNG Floating Storage and Regasification Unit (FSRU) for about KRW 250 billion ( approximately USD 221 million).

SHI revealed that the newbuild order for a 170,000 cbm LNG-FSRU was received from a consortium of Marubeni, Sojitz, and Pertamina.

LNG-FSRU is a specialized vessel-like facility that regasifies LNG offshore and supplies it directly to onshore demand.

The latest FSRU from SHI will be equipped with Samsung’s newly developed in-house regasification system, the S-Regas(GI).

As described by Samsung, S-Regas(GI) reduces the chance of corrosion from the traditional method of heating LNG directly with seawater and saves energy by 5%.

SHI earlier showcased the system in September to 19 shipowner companies.

 “Successful showcase of the in-house regasification system led to an actual application in the new LNG-FSRU in just a month,” a Samsung representative said.

The spokesperson further added that“cost savings and improvement in quality and schedule management from the in-house regasification system led to a competitive edge.”

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jun 2019 >>
MTWTFSS
27 28 29 30 31 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

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 >