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

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

Swan Energy, Nebula’s AG&P LNG plan Indian JV

Swan Energy said on Friday it had signed a heads of agreement with AG&P Terminals &Logistics (Singapore). The two firms...

More News Like This

Japan’s NYK adds newbuild LNG carrier to its fleet

South Korea's Samsung Heavy Industries delivered the 174,000-cbm Quest Kirishima on Monday. NYK said the vessel will be deployed under...

GAIL, K Line ink long-term charter deal for newbuild LNG carrier

GAIL revealed the signing of the charter deal for one 174,000-cbm LNG carrier in a statement on Friday. The company...

Samsung Heavy awards new LNG tank job to GTT

GTT received the order in the fourth quarter of 2024. Under the contract, GTT will design the tanks of one...

South Korea’s Samsung Heavy gets OK for wind-assisted LNG carrier

SHI said in a statement the wing sail is a structure in the form of a sail and generates...