Samsung Lands $330 Million in Orders

Monday, April 30, 2001
South Korea's Samsung Heavy Industries Co. said on Saturday it won $330 million in orders to build a liquefied natural gas (LNG) carrier for BP Amoco Plc and two large container vessels for Hong Kong's Orient Overseas Container Line Ltd (OOCL) - scheduled for delivery in early 2004.

BP Amoco would pay Samsung Heavy $170 million for a 138,000-cu. m. LNG carrier, a Samsung spokesman said.

The two container ships for OOCL, a unit of Hong Kong-based Orient Overseas International Ltd would measure 7,400 TEU.

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