Samsung Heavy Bags USD 188 mln LNG Newbuild Order

South Korean shipbuilder Samsung Heavy Industries (SHI) has clinched a deal worth 209 billion won (USD 188 million) to build a liquefied natural gas (LNG) carrier.

The South Korean shipbuilder said in the New Year's eve said that vessel is being built for a European owner, but it did not disclose the tanker’s capacity.

SHI said in its statement said that the delivery is scheduled for March 31, 2021.

SHI's new order total for 2018 now stands at 49 vessels and 6.3 billion USD. which include 18 LNG carriers, 13 Containerships, 15 tankers, and 3 special purpose ships.

The shipbuilder aims to secure $8.2 billion worth of orders for the year.