Samsung Heavy selects TMC compressors for 12 LNG tankers

South Korea’s Samsung Heavy Industries has contracted Norwegian firm TMC Compressors to supply a complete marine compressed air system to 12 LNG carriers.

Under the contract, TMC said it will supply control, service air and N2 compressors to each of the 12 174,000-cbm LNG vessels being built by SHI for an undisclosed owner.

The firm will manufacture the equipment in Europe and ship it to South Korea.

TMC did not provide the price tag of the deal or any additional details regarding the LNG carriers.

Back in June last year, Samsung Heavy revealed an order for 12 174,000-cbm LNG carriers worth about $2.57 billion.

Global Meridian Holdings, part of J.P. Morgan Asset Management, is behind this order for the 12 LNG carriers.

Also, this order is related to the giant Qatari LNG shipbuilding program which includes the construction of more than 100 LNG carriers.

Prior to this contract, TMC announced orders from South Korea’s Hanwha Ocean for two Maran Gas Maritime’s LNG carriers and from the same shipbuilder for four BW LNG’s carriers.

Most Popular

BW upgrades LNG carrier

Oslo-based BW LNG, a unit of Singapore’s gas shipping giant BW, is upgrading its 2019-built LNG carrier BW Pavilion Aranda with a sub-cooler.

Samsung Heavy bags orders for six LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured contracts worth $1.54 billion to build six liquefied natural gas (LNG) carriers.

Woodside working to charter vessels to ship Louisiana LNG cargoes, CEO says

Australian LNG player Woodside is currently working through how many chartered liquefied natural gas carriers the company will need to ship cargoes from its Louisiana LNG export terminal in the US, according to CEO Meg O’Neill.

More News Like This

Samsung Heavy bags orders for six LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured contracts worth $1.54 billion to build six liquefied natural gas (LNG) carriers.

Samsung Heavy lays keel for Minerva LNG tanker

South Korea’s Samsung Heavy Industries has laid the keel for a 174,000-cbm LNG carrier being built for Greek firm Minerva Gas, a unit of Minerva Marine.

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.

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.