AsiaContracts and TendersVessels

South Korea’s Samsung Heavy nets contract for LNG carrier duo

By LNG Prime Staff
South Korea's Samsung Heavy nets contract for LNG carrier duo
For illustration only (Image: Samsung Heavy Industries)

South Korean shipbuilder Samsung Heavy Industries will build two new liquefied natural gas (LNG) carriers as part of a deal revealed on Monday.

Samsung Heavy said in a stock exchange filing 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 460.9 billion won ($392.8 million), the shipbuilder said.

Samsung Heavy added it would deliver the ships by September 2024.

Including the newest contract, the shipbuilder won orders worth $7.1 billion so far this year for 54 ships, reaching 78 percent of its annual target.

Samsung Heavy has last month revealed an order from an Oceania-based owner for one 180,000-cbm LNG carrier.

Brokers reported that Denmark’s Celsius Shipping is behind this order and the firm now has six new vessels on order at the yard.

Most Popular

Contracts and Tenders

Shell wraps up acquisition of Pavilion Energy

UK-based LNG giant Shell has completed its previously announced acquisition of Singapore's Pavilion Energy.
LNG Terminals

India’s ONGC approves Mozambique LNG investment

India’s state-run ONGC has approved an investment by its unit, ONGC Videsh, into the TotalEnergies-led Mozambique LNG joint venture, which is developing a 12.8 mtpa liquefaction plant at the Afungi complex.
LNG Terminals

Australia’s Viva Energy seeks FSRU for Geelong project

Australia’s Viva Energy is looking to secure a floating storage and regasification Unit (FSRU) for its proposed LNG import terminal in Geelong, Australia.

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