AsiaContracts and TendersVessels

Samsung bags contract for LNG carrier trio

By LNG Prime Staff
Samsung bags contract for LNG carrier trio
For illustration purposes only (Image: Samsung Heavy Industries)

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

Samsung will build the 180,000-cbm vessels for an Oceania-based owner.

The yard did not reveal the name of the company behind the order in a stock exchange announcement.

Moreover, the contract has a price tag of 654.5 billion won ($580 million), the shipbuilder said.

Samsung added it would deliver the ships by February 2024.

Brokers reported that Denmark’s Celsius Shipping could be the owner behind the new order. Celsius has already four 180,000-cbm vessels on order at Samsung.

Including the newest contract, Samsung won orders more than $6.5 billion worth so far this year, achieving 71 percent of this year’s order target.

Samsung has in May this year revealed a contract for two 174,000-cbm LNG carriers for an Oceania-based owner.

Maria Angelicoussis-led Maran Gas had exercised options for these two LNG carriers, according to brokers.

Most Popular

LNG Terminals

Williams launches Transco pipeline expansions

US natural gas pipeline operator Williams has launched two fully contracted expansions of the existing Transco pipeline to meet growing domestic demand and LNG exports.
LNG Terminals

DOE gives further boost to US LNG exports

The US Department of Energy (DOE) has removed a regulatory barrier that required liquefied natural gas (LNG) projects to start export within seven years of receiving regulatory approval.
LNG Terminals

Update: Shell’s LNG Canada receives LNG cargo

Shell’s LNG Canada has received a cargo of liquefied natural gas as part of the commissioning and start-up phase.

More News Like This

Vessels

VesselsValue: South Korea’s LNG carrier orderbook worth $71.3 billion

South Korean yards have 276 LNG carriers worth $71.3 billion on order, according to the newest data by Veson Nautical’s VesselsValue.
LNG as Fuel

Wan Hai Lines to switch methanol containership order to LNG fuel

Taiwan's Wan Hai Lines is working on switching an order placed in South Korea last year for eight methanol-powered containerships to LNG fuel, according to shipbuilding sources.
LNG Terminals

Samsung Heavy launches Petronas’ third FLNG

South Korea’s Samsung Heavy Industries has launched the hull of the third floating LNG production unit being built for Malaysian energy giant Petronas.
Vessels

Celsius welcomes new LNG carrier in its fleet

South Korea’s Samsung Heavy Industries has handed over another 180,000-cbm LNG carrier to Denmark’s Celsius Tankers, a unit of Celsius Shipping.

2025. © All rights reserved. LNG Prime LLC. 447 Broadway, New York, NY 10013, USA