Samsung Heavy nets contract to build LNG carrier duo

South Korean shipbuilder Samsung Heavy Industries said it has secured an order to build two liquefied natural gas (LNG) carriers.

Samsung said in a stock exchange announcement it would build the vessels for an Oceania-based owner.

The yard did not reveal the name of the company behind the order.

Moreover, the contract has a price tag of 417 billion won ($375 million), the shipbuilder said.

Samsung added it would deliver the ships by July 2024.

Including the newest contract, Samsung won orders more than $5.4 billion worth so far this year.

Worth mentioning here, brokers have earlier this month reported that NYK has ordered four 170,000-cbm LNG carriers at Samsung for delivery in 2024.

According to brokers, these vessels would go on charter to France’s TotalEnergies.

Most Popular

South Korea’s Samsung Heavy secures order for LNG carrier quartet

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build four liquefied natural gas (LNG) carriers for approximately $1.05 billion.

TotalEnergies, GS Energy pen long-term LNG SPA

French energy giant TotalEnergies has entered into a long-term agreement with South Korea’s GS Energy to supply the latter with liquefied natural gas (LNG).

TotalEnergies and T&T join forces on LNG-to-power project in Vietnam

French energy giant TotalEnergies and Vietnamese conglomerate T&T have signed a memorandum of understanding to jointly develop the 1,500 MW Long Son LNG-to-power project in Vietnam.

More News Like This

South Korea’s Samsung Heavy secures order for LNG carrier quartet

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build four liquefied natural gas (LNG) carriers for approximately $1.05 billion.

Conrad, Samsung Heavy get ABS OK for LNG bunkering barge

Shipbuilders Conrad and Samsung Heavy received approval in principle from classification society ABS for the basic design of a 12,000-cbm LNG bunkering articulated tug-barge (ATB) intended for construction in the United States.

Poland’s Gaz-System names first Gdansk FSRU

Poland’s state-owned LNG terminal operator Gaz-System has named the first floating storage and regasification unit (FSRU) that will serve its LNG import project in Gdansk.

GTT lands new LNG tank contract

France’s GTT has secured a new tank design order from South Korean shipbuilder Samsung Heavy Industries for one 174,000-cbm liquefied natural gas (LNG) carrier.