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Carrier Order News

19 Jul 2023

Hyundai Mipo Dockyard Wins LCO2 Carrier Order

Source: Hyundai Mipo Dockyard

Hyundai Mipo Dockyard has signed a contract to build two 22,000 cubic meter liquefied carbon dioxide (LCO2) carriers worth KRW 179 billion ($142 million) for the Capital Maritime Group of Greece.The vessels will be 159.9 meters long, 27.4 meters wide and 17.8 meters high. As well as LCO2, they will be designed to transport various liquefied gas cargoes such as LPG and ammonia. They will be made ready for ammonia dual fuel operation.According to the Global CCS Institute, a research institute in the field of carbon capture and storage…

12 Jan 2020

SHI Eyes Russia's $3Bn LNG Carrier Order

South Korea shipbuilder Samsung Heavy Industries (SHI) may receive an order from Russia’s largest independent gas producer Novatek for 10 additional ice-breaking LNG carriers worth US$3Bn.A report by Business Korea said Novatek has asked the Russian Government to approve its plan to place an order at an “overseas shipyard”.If the Russian government approves the scheme, the number of LNG carriers to be used for Russia’s Arctic LNG project will increase to 25, including the 15 units that will be built by Zvezda, a state-run Russian shipyard, the report said.The Russian government earlier allowed Zvezda to build the 15 units jointly with a foreign partner…

10 Sep 2019

Hyundai Wins LNG carrier Order from H-Line

Hyundai Samho Heavy Industries (HSHI), a unit of the South Korean shipbuilder Hyundai Heavy Industries (HHI), has won an order for a liquefied natural gas (LNG) carrier.According to a stock exchange announcement by HHI, the deal has a value of $191.2 million.Yonhap reported that, under the deal with H-Line Shipping Co., a midsize South Korean shipper, Hyundai Samho will deliver the vessel with a cargo capacity of 174,000 cubic meters by December 31, 2021.Hyundai Samho, under Hyundai Heavy Industries Group, posted sales of 1.6 trillion won in the first half of the year, down 35 percent from a year earlier, but its operating profit swung to the black over the cited period, the report said.

25 Aug 2019

DSME Wins LNG Carrier Order from Maran Gas

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received a new liquefied natural gas (LNG) carrier order from Maran Gas Maritime, part of Angelicoussis Shipping Group. DSME said that the order from the Greek shipping company is for a 174,000 cbm LNG carrier.The shipbuilder would construct the unit at its Geoje Okpo Shipyard. The new vessel is scheduled for delivery by the fourth quarter of 2021.The vessel will be equipped with DSMEs advanced partial re-liquefaction system (A-PRS).Maran Gas has ordered six out of the seven LNG carriers DSME booked this year.DSME's 2019 order-book currently stands at around USD 3 billion and includes 17 vessels, seven of which are LNG carriers.

16 Aug 2019

Samsung Heavy Bags LNG Carrier Order

South Korean shipbuilder Samsung Heavy Industries (SHI) has secured a deal to build a liquefied natural gas (LNG) carrier for an Asian customer.According to Yonhap, SHI the deal is worth 225.5 billion won (US$185 million).The new vessel is scheduled for delivery to the undisclosed owner in late October 2021.The report said that with the deal, Samsung Heavy has secured deals valued at $3.6 billion in total so far this year to build 19 vessels, with 10 of them being LNG carriers. For the year, the shipyard aims to bag $7.8 billion worth of orders.Samsung Heavy had net losses of 309.4 billion won in the second quarter, more than double a loss of 142.7 billion a year earlier, due to one-off costs related to covering a damage suit.

15 May 2019

DSME Wins LNG carrier Order

South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has received an order liquefied natural gas (LNG) carrier.The vessel capable of transporting 174,000 cubic meters of LNG will be built at Geoje Okpo shipyard for an undisclosed shipowner from Oceania, said the shipbuilder.DSME didn't provide the value of the contract. This is DSME’s fifth LNG carrier order this year.The shipyard is scheduled to deliver the LNG carrier  in the second half of 2021.The newly built vessels will feature the advanced fractional re-liquefaction system (A-PRS) reducing the evaporation rate, reducing the operation costs.According to Yonhap…

25 Feb 2019

DSME Wins More LNG Carriers Order from Maran

South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has received a contract to build two more liquefied natural gas (LNG) carriers for Greek shipping company Maran Gas Maritime, a unit of Angelicoussis Shipping Group.DSME said that the contract has a value of KRW 419.9 billion (USD 375.2 million).Under the deal with Maran Gas, DSME will build the two 174,000-cubic-meter LNG carriers by the end of 2021, the company said in a statement.Daewoo Shipbuilding has obtained USD1.1 billion worth of orders so far this year to build nine ships, including six oil tankers, it said.Last week, DSME won an order from Maran Gas to build one 174…

17 Feb 2019

DSME Bags LNG Carrier Order from Maran Gas

South Korea’s shipbuilding giant  Daewoo Shipbuilding & Marine Engineering (DSME) has secured an order for a liquefied natural gas (LNG) carrier from Greece-based shipowner.According to Yonhap News Agency the South Korean shipbuilder received an order to build an LNG carrier for Maran Gas Maritime, a unit of the Angelicoussis Shipping Group.The newbuilding - 174,000 cbm ship - is expected to be delivered to its owner by the first half of 2021. The value of the contract has not been disclosed.Daewoo Shipbuilding has obtained US$740 million worth of orders so far this year to build seven ships, including oil tankers, Yonhap said.Daewoo Shipbuilding is aiming to win $8 billion worth of new orders in 2019, up 10 percent from last year's order target of $7.3 billion.

13 Dec 2018

Samsung Heavy Strikes New LNG Carrier Order

South Korean shipbuilding giant Samsung Heavy Industries (SHI) said Thursday that it has clinched a new deal to build a liquefied natural gas (LNG) carrier.According to a press release from the shipbuilder, the price tag for the LNG carrier is 211 billion Korean won (USD188 million).Under the contract with an unidentified customer, Samsung Heavy will deliver the vessel by March 2021, the company said.Few days ago, SHI also secured a 400 billion won ($356 million) deal to build two 174,000-cbm LNG carriers for Japanese shipping giant NYK.The release revealed that SHI's new order total for 2018 now stands at 45 vessels and 5.5 billion USD. which include 14 LNG carriers, 13 Containerships, 15 tankers, and 3 special purpose ships.

29 Dec 2017

Samsung Heavy Bags USD 197 Mln LNG Carrier Order

South Korean shipbuilder Samsung Heavy Industries (SHI) has bagged a KRW 210 billion (USD 195 million) deal, for construction of an liquefied natural gas (LNG) carrier. A report in Business Korea said that SHI will ink the contract with a foreign shipping company by the end of the year, Samsung Heavy Industries officials said. The name of the company, however, remained undisclosed. SHI reportedly said it is a “foreign company”. The ship will have capacity of transporting 180,000 cubic meters of LNG and she will be probably delivered in 2020, according to local media. With the deal, orders secured by the shipbuilder this year will reach $6.9 billion for 28 ships, surpassing its annual target of $6.5 billion.

21 Mar 2017

GTT to Equip Knutsen’s New LNG Carrier

GTT said it has received an order from Hyundai Heavy Industries to equip a new LNG carrier with its Mark III Flex containment system.   Hyundai's shipyard based in Ulsan, South Korea will build the vessel of 180,000 m3 on behalf of the Norwegian shipping company NORSPAN LNG XI AS (Knutsen). Delivery is scheduled in 2019.    Knutsen is a longstanding owner of LNG carriers equipped with membrane technology, with 10 vessels of this type.   GTT records the first LNG carrier order of the year. With its Mark III Flex containment system, GTT said it provides efficient insulation solution able to reduce the daily guaranteed boil-off gas rate to 0.085 percent of tank volume. The Mark and NO ranges have been designed to meet all the transport and storage requirements of liquefied gases.

02 Nov 2015

First LPG Carrier Order for MHI Shipbuilding

Mitsubishi Heavy Industries Shipbuilding Co., Ltd., a group company of Mitsubishi Heavy Industries, Ltd. (MHI), announced it has received an order from Astomos Energy Corporation for a very large liquefied petroleum gas (LPG) carrier. The order marks the very first to be received by Mitsubishi Heavy Industries Shipbuilding since the company's launch on October 1. The LPG carrier on order is identical to the four vessels Astomos Energy has already ordered to MHI since 2013. According to the builder, the ship will provide a high level of energy-saving performance, flexibility to accommodate major LPG terminals around the globe and specifications suited to passage through the newly expanding Panama Canal. Completion and delivery are scheduled for the fourth quarter of 2018.

20 Jul 2015

Daewoo Shipbuilding Bags LNG Carrier Order

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering said it has received an order for a new LNG carrier from a ship management specialist Chandris of Greece. The new deal calls for Daewoo to deliver the LNG vessel, able to carry 173,400 cubic meters of natural gas, to the Greek shipowner Chandris by the latter half of 2018, according to the South Korean shipbuilder. Financial terms of the contract were not revealed. DSME added that the LNG carrier will feature ME-GI propulsion. With this order, DSME has won 29 orders for LNG carriers equipped with ME-GI engines. As of end-June, Daewoo was the world's largest shipbuilder by order backlog for eight consecutive months, according to industry data.

02 Mar 2015

Mitsubishi Bags Fourth LPG Carrier Order from Astomos

Tokyo-based Astomos Energy Corp has placed an order today with Mitsubishi Heavy Industries (MHI) for a very large liquefied petroleum gas (LPG) carrier. The 83,000 cu m vessel marks their fourth such order with MHI since 2013, a company that also happens to be a 49 percent shareholder in Astomos Energy. Construction, as with the three previously ordered vessels, will be carried out at MHI's Nagasaki Shipyard & Machinery Works. The carrier will provide the world's highest level of energy-saving performance, flexibility to accommodate major LPG terminals around the globe, and specifications suited to passage through the newly expanding Panama Canal.

13 May 2014

Far East Shipyards Bag the Week's Newbuilding Orders

South Korea, Japan and China shipyards update their order books with a clean haul of ocean-going newbuilding contracts, detailed as follows in the latest Clarkson Hellas S&P Weekly Bulletin. Clarkson Hellas report a few orders in dry, starting with the American fund Doonbeg Group ordering four firm plus four option 64,000 DWT Ultramax at Zhejiang Yangfan in China for delivery in 2015 and 2016 for the firm vessels. (This order is understood to have been signed last month, although it came to light this week). Another order which came to light this week was from Clients of Neda Maritime contracting four firm 82,000 DWT Kamsarmax with Tsuneishi Zhoushan at the end of last year. Delivery of the vessels will be within the 2nd half of 2016.

18 Nov 2013

Rolls-Royce to Design, Power Fish Carrier

Photo: Rolls-Royce

Rolls-Royce announced today that it has signed a contract for the delivery of design and equipment for a live fish carrier, to be built at the Tersan shipyard in Turkey for Faroese ship owner Bakkafrost. The contract is worth approximately £5.8 million to Rolls-Royce. The vessel is a Rolls-Royce design, type NVC 386, featuring the characteristic wave-piercing bow designed to cut through waves in rough seas, making it possible to keep a more constant speed, reduce fuel consumption and increase onboard safety.

04 Jun 2013

LNG 'Pea Pod' Carrier Order for MHI

"Sayaendo" LNG carrier: Photo credit MHI

Mitsubishi Heavy Industries to build a 7th pea-pod superstructure shape "Sayaendo" LNG carrier for a "K" Line/INPEX subsidiary joint venture. Sayaendo series ships feature a unique structure that integrates the LNG tank cover with the ship hull, resulting in significantly improved fuel consumption and maintainability. The order was placed with MHI by Ocean Breeze LNG Transport, Ltd. (OBLT), a joint venture between Kawasaki Kisen Kaisha, Ltd. ("K" Line) and a subsidiary of INPEX. The ship is scheduled to be delivered to OBLT at the end of 2016.

26 Dec 2012

Korean Shipyard Wins LNG Carrier Contracts

Hyundai Heavy Industries (HHI) & its affiliated shipyard obtain orders totalling US$1.05 billion to build five liquefied natural gas (LNG) carriers. One of the LNG carriers of 155,000-cubic-metre capacity and worth US$210 million is for Brunei Gas, reports the Oman Daily Observer. HHI's affiliated shipyard, Hyundai Samho Heavy Industries, also won a contract for four 174,000-cubic-metre LNG carriers valued at $840 million from Greece’s Maran Gas. The contract included an option exercisable by the owner for two additional same-class LNG carriers. The LNG carriers, scheduled to be delivered between 2015 and 2016, will feature dual fuel diesel engine system (DFDE) which allows the ships to run either on diesel fuel or natural gas.

29 Jun 2012

New-generation LNG Carrier Order for MHI

Photo credit MHI

Mitsubishi Heavy Industries (MHI) receives order for "Sayaendo" new-generation LNG Carrier from Mitsui O.S.K. The ship offers significantly improved fuel consumption and maintainability through various features including enhanced ship structure efficiency. The ship will be used mainly for transportation of LNG for the Kansai Electric Power Co. The "Sayaendo" features a peapod-shaped continuous cover for the Moss spherical tanks integrated with the ship's hull, in lieu of a conventional hemispherical cover.

01 May 2012

Korean Shipbuilders Gain Brunei LNG Carrier Order

Brunei Gas Carriers Sendirian Berhad, BGC has entered into an agreement for the construction of a new LNG Vessel with Hyundai Heavy Industries Limited of the Republic of Korea and arranged financing with both local and international financial institutions. The Minister of Energy at the Prime Minister's Office in his speech said that the signing was important to the country as it signified many other additional achievements and creates new opportunities for Brunei Darussalam's shipping industry and the oil and gas industry as a whole. Yang Berhormat Pehin Datu Singamanteri,  Retired Colonel Dato Seri Setia, Doctor Awang Haji Mohammad Yasmin also said…

29 Mar 2012

Cargotec Receives Large Straddle Carrier Order

Cargotec has received a large order to supply 22 Kalmar straddle carriers to Australia's leading container handling operator, Patrick container terminals. Twelve of the straddle carriers will be delivered to Patrick's East Swanson Dock in Melbourne between July and December, 2012, and a further ten to Patrick's Port Botany Terminal in Sydney between May and September, 2012. Patrick and Cargotec have decided not to disclose the value of the order. Cargotec's Australian team will provide maintenance support to the equipment with spare parts supplied direct from its regional parts warehouse in Melbourne. This latest order of 50-ton capacity ESC 350W straddle carrier models continues a longstanding partnership between the two companies.

14 Feb 2012

Hyundai Heavy Wins Orders Worth $1.1 Billion

177,000 cbm LNG Carrier Abdelkader.

Hyundai Heavy Industries, the world’s biggest shipbuilder, today announced the Company had won orders for 4 liquefied natural gas carriers and 1 LNG floating storage regasification unit worth USD 1.1 billion. Hyundai Heavy won orders to build two 162,000 cbm LNG carriers for Golar LNG of Norway on February 10 and two same-class ships for an unnamed European shipowner on February 8. The contract with Golar LNG includes an option exercisable by the Norwegian company for two additional same-class LNG carriers.

23 Dec 2010

Daewoo Cargo Carrier Order from Norway

According to a Dec. 22 report from Reuters, Daewoo Shipbuilding and Marine Engineering (042660.KS) won an order to build five cargo carriers from Norway's Saga Shipbuilding Norway AS. (Source: Reuters)

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