AsiaContracts and TendersVessels

Samsung Heavy bags single LNG carrier order

By LNG Prime Staff
Samsung Heavy bags single LNG carrier order
For illustration only (Image: Samsung Heavy Industries)

South Korean shipbuilding giant Samsung Heavy Industries will build one liquefied natural gas (LNG) carrier as part of a new deal revealed on Friday.

Samsung Heavy said in a statement the contract has a price tag of 244.8 billion won ($207 million).

The yard said it would build the LNG carrier for an Oceania-based owner.

Samsung Heavy added it would deliver the ship by May 2025, but it did not reveal any additional information regarding the contract.

Including the newest deal, the shipbuilder won orders worth $12 billion so far this year, surpassing its annual target of $9.1 billion by about 32 percent. This includes orders for 21 LNG carriers.

This new contract follows an order for three LNG carriers Samsung Heavy revealed earlier this week.

Most Popular

LNG as Fuel

Yang Ming books LNG-powered containerships in South Korea

Taiwan’s Yang Ming Marine Transport has decided to order LNG dual-fuel container vessels from South Korea's Hanwha Ocean as part of its ongoing fleet optimization plan.
Contracts and Tenders

Sabah to take stake in Petronas’ third FLNG

SMJ Energy, owned by the Sabah government, has signed a heads of agreement with Malaysian energy giant Petronas to take a 25 percent stake in the latter's third floating LNG production unit.
LNG Terminals

Japan’s LNG imports drop in June

Japan’s liquefied natural gas (LNG) imports dropped by 2.8 percent in June compared to the same month last year, according to provisional data released by the country’s Ministry of Finance.

More News Like This

Contracts and Tenders

Sabah to take stake in Petronas’ third FLNG

SMJ Energy, owned by the Sabah government, has signed a heads of agreement with Malaysian energy giant Petronas to take a 25 percent stake in the latter's third floating LNG production unit.
Contracts and Tenders

Samsung Heavy wins contract for Eni’s Coral Norte FLNG

South Korean shipbuilder Samsung Heavy has secured a preliminary contract for Eni's second FLNG project in Mozambique, Coral Norte (Coral North), according to shipbuilding sources.
Contracts and Tenders

Delfin inks new deals for US FLNG project, eyes FID later this year

Delfin Midstream, the US developer of a floating LNG export project offshore Louisiana, is moving forward with the project by signing new deals with Siemens Energy, Samsung Heavy, and Black & Veatch.
Contracts and Tenders

Samsung Heavy cancels LNG carrier contract with Russia’s Zvezda

South Korean shipbuilding giant Samsung Heavy Industries has terminated contracts for 10 ice-class Arc7 LNG carriers and seven shuttle tankers with Russia's Zvezda.

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