South Korea’s Samsung Heavy to build one LNG carrier

For illustration purposes only (Image courtesy of Samsung Heavy Industries)

South Korean shipbuilder Samsung Heavy Industries said on Monday it has won a deal for the construction of a 180,000-cbm liquefied natural gas (LNG) carrier.

According to a statement by the Korean shipbuilder, the LNG carrier newbuilding has been approved by the board of an unidentified overseas owner.

The contract terms are scheduled to be agreed by March 9, Samsung Heavy said.

The order includes an option for one more LNG vessel, which is a subject to board approval by the unidentified owner.

Samsung Heavy’s 2018 orders so far include 8 containerships, 1 LNG carrier, and 2 tankers totaling 11 vessels worth $1.03 billion. The new LNG carrier contract will extend the order total to 12.

Last year, Samsung Heavy won $3.3 billion worth LNG-related newbuild orders including 3 LNG carriers, 2 FSRUs, and one FLNG.

 

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