Samsung Heavy Strikes New LNG Carrier Order

Maritime Activity Reports, Inc.

December 13, 2018

Pic: Samsung Heavy Industries

Pic: Samsung Heavy Industries

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.

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