Samsung Heavy Industries Bags Order for LNG Carrier

Image Courtesy: SHI

South Korean shipbuilder Samsung Heavy Industries (SHI) has won an order for an LNG carrier from an unidentified overseas owner.

The order for the 180,000 cbm LNG carrier is subject to agreement on the shipbuilding contract terms, which are scheduled to be agreed by March 9, 2018.

Under the terms of the arrangement, the shipowner has an option for an additional order which is yet to be approved by the company’s board.

Since the beginning of the year, SHI has won orders for eight containerships from Evergreen Marine Corp, one LNG carrier, and two tankers totaling 11 vessels worth USD 1.03 billion. The latest order, once finalized, would bring the ordering tally to 12 ships.

According to a spokesperson for the yard, “growing demand for eco-friendly LNG would boost newbuilding market from this year.” 

Last year, SHI won USD 3.3 billion worth LNG related newbuild orders including three LNG carriers, 2 LNG-FSRUs, and an FLNG.

Share this article

Follow World Maritime News

In Depth>


<< Mar 2018 >>
26 27 28 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

Singapore Maritime Technology Conference and Exhibition (SMTC) 2018

The 3rd Singapore Maritime Technology Conference and Exhibition (SMTC) 2018 is organized by the Maritime and Port Authority of Singapore…

read more >

Shippax Ferry Conference 2018

The two-day onboard ferry conference was first organized in 2003 and grows ever more popular with some 400 delegates from over 40 ferry…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >