SHI Secures Orders for Ten LNG-Fueled Crude Oil Tankers

TankerIllustration; Source: Pixabay under CC0 Creative Commons license

South Korea’s Samsung Heavy Industries has received orders to build ten A-max LNG-fueled crude oil tankers for an Oceanian shipowner.

According to a stock exchange filing, the deal is valued at KRW 751.3 billion (USD 620.2 million), or KRW 75.1 million per unit.

The 113,000 dwt dual-fueled tankers would be delivered in a consecutive order to the unnamed buyer by the end of January 2022.

Samsung Heavy has achieved 54% of its USD 7.8 billion annual target so far this year by securing USD 4.2 billion worth of contracts. The shipbuilding deals have been signed for 29 vessels, that include 14 crude oil tankers and 11 LNG carriers.

Just last week, Samsung Heavy unveiled its latest LNG carrier order, with a value of KRW 225.5 billion (USD 185.8 million. The deal, signed with an undisclosed Asian customer, would see the shipbuilder construct and deliver the unit by late October 2021.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>


<< Oct 2019 >>
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

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

read more >

CEDA Dredging Days 2019

CEDA Dredging Days programme will follow its successful format of contributed peer-reviewed…

read more >

Offshore Wind Europe 2019

#OWEU19 is a meeting place for governments, developers and suppliers to grow the confidence in wind power. Perfect to grow your business by securing new customers, meeting officials and industry heads.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >