Marine Link
Monday, November 12, 2018

SHI Wins Order for Arctic Shuttle Tankers

Maritime Activity Reports, Inc.

October 8, 2014


Samsung Heavy Industries won an order amounting to USD 440 Million for Three Arctic Shuttle Tankers from a European shipper.

 According to sources the order is from Russia’s state shipping firm Sovcomflot.

The shuttle tankers will have a capacity of 42,000 dwt each and the newbuildings are scheduled to be completed by April 2017.

With the latest deal, SHI has a combined total of $5.9bn in orders, and more orders are expected later this year, according to the shipbuilder.

In July this year, SHI clinched a similar order worth $440m to build a trio of shuttle tankers for Sovcomflot.

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