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Home›Clean Fuel›Samsung Heavy bags order for LNG carrier
Clean Fuel

December 27, 2021 · about 4 years ago

Samsung Heavy bags order for LNG carrier

The year is not over yet for South Korean shipbuilder Samsung Heavy Industries (SHI) as it received an order for the construction of a liquified natural gas (LNG) carrier.

1 minutes read
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SHI
Illustration; Courtesy of Business Wire

The year is not over yet for South Korean shipbuilder Samsung Heavy Industries (SHI) as it received an order for the construction of a liquified natural gas (LNG) carrier.

On 24 December, SHI signed a shipbuilding contract with an undisclosed shipowner in Latin America.

The order is valued at KRW 241.6 billion (around $203 million), SHI revealed in a stock exchange filing on 27 December 2021.

Under the terms of the deal, the LNG carrier is scheduled to be delivered by 31 December 2024.

With the newest order, Samsung Heavy has won $12.2 billion worth of orders this year, surpassing its annual order target of $9.1 billion.

Related Articles

Samsung Heavy bags $208 million order for LNG carrier

Samsung Heavy Industries wins $622M order for 3 new LNG carriers Infrastructure In 2021, it bagged orders for the construction of a total of 80 units comprising 22 LNG carriers, 44 boxships and 14 crude oil carriers .

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