Samsung Heavy scores new order for LNG-powered containerships

South Korean shipbuilder Samsung Heavy Industries said Thursday it won an order to build six LNG-powered container vessels.

Samsung Heavy said in a stock exchange announcement it would build the LNG-powered vessels for an unidentified European owner.

The order for the vessels has a price tag of 841.2 billion won ($718 million), it said.

In addition, the Korean yard said it would deliver the ships by November 2024.

The yard did not reveal any additional information.

One shipbuilding source told LNG Prime that France’s CMA CGM, which is heavily investing in LNG-powered vessels, could be the owner behind this order for six 7,600 TEU vessels. We could not confirm this by the time this article was published.

Including this contract, Samsung Heavy won orders worth $7.8 billion so far this year for 60 ships, reaching 86 percent of its annual target.

Samsung Heavy has last month revealed an order for two 180,000-cbm LNG carriers.

It also recently confirmed it was in talks to build four plus two ice-classed LNG carriers which would serve Novatek’s Arctic LNG 2 project in the Russian Arctic.

Most Popular

Woodside terminates Commonwealth LNG SPA

Australian LNG player Woodside has terminated its two LNG sale and purchase agreements with US LNG terminal developer Commonwealth LNG.

Energy Transfer seals Lake Charles LNG supply deals

Texas-based Energy Transfer has signed new supply deals for its planned Lake Charles LNG export facility in Louisiana as it works to take a final investment decision by the end of this year, according to its management.

Thailand in Alaska LNG talks

Thailand's PTT and Egco will engage in further discussions to potentially participate in the development and buy volumes from the planned Alaska LNG project, according to Thailand's Ministry of Energy.

More News Like This

Samsung Heavy develops new FLNG concept

South Korean shipbuilding giant Samsung Heavy Industries has received approvals from three classification societies for its new multi-purpose FLNG concept.

Wan Hai Lines makes LNG fuel switch for eight containerships

Taiwan's Wan Hai Lines has decided to change an order placed for methanol-ready containerships in South Korea to enable the vessels to run on LNG fuel, according to shipbuilding sources.

H-Line Shipping, ExxonMobil name LNG carrier duo in South Korea

South Korea's H-Line Shipping and US energy giant ExxonMobil recently named two newbuild liquefied natural gas (LNG) carriers in South Korea.

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.