Samsung Heavy to Ink USD 195 Mn Deal for LNG Carrier

Dec 29, 2017

South Korean shipbuilder Samsung Heavy Industries (SHI) is to sign a contract for the construction of a 180,000 cbm liquefied natural gas (LNG) carrier.

The deal, worth KRW 210 billion (USD 195 million), is expected to be concluded by the end of this year, SHI said in a statement.

Although the name of the company which ordered the ship was not disclosed, SHI said it is a “foreign company”.

This year, SHI secured a total of 28 orders worth USD 6.9 billion, exceeding its annual order target of USD 6.5 billion.

SHI said it will close the year with orders including eight oil tankers, seven shuttle tankers, six containerships, five LNG carriers, one floating production unit (FPU) and one LNG floating storage and regasification unit (FLNG).

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