SHI to build one LNG carrier for about $249 million

South Korean shipbuilding giant Samsung Heavy Industries has won a new order to build one liquefied natural gas (LNG) carrier.

SHI said it would build the LNG carrier for an unidentified owner in Oceania for 331.3 billion won or about $249 million.

The shipbuilder plans to deliver the vessel by December 2025.

SHI did not reveal any additional information regarding the contract.

Prior to this single LNG carrier order, SHI won a contract from Seapeak to build five 174,000-cbm LNG carriers for nearly $1.1 billion.

Shipbuilding sources said that Denmark’s Celsius Tankers could be behind this order for a single LNG carrier.

Earlier this year, Celsius Tankers, a unit of Celsius Shipping, ordered one LNG carrier at SHI, boosting the orderbook to nine 180,000-cbm vessels at the Korean yard.

Including this newest contract, SHI secured orders worth about $9.4 billion this year, surpassing its target of $8.8 billion.

This includes 36 LNG carriers, marking a record for the largest number of orders for LNG carriers in a year for the shipbuilder.

In 2021, Samsung won orders worth $12.2 billion, surpassing its annual target of $9.1 billion by about $3.1 billion. The yard won contracts for 22 LNG carriers last year.

(Article updated to include more information regarding the owner.)

Most Popular

Exmar working on new FLNG projects

Exmar operates a fleet of more than 40 gas carriers, including newbuilds, and owns the 26,000-cbm barge-based FSRU Eemshaven LNG, which...

QatarEnergy welcomes first LNG carrier of its massive shipbuilding program

China’s Hudong-Zhonghua hosted a naming ceremony for the first liquefied natural gas (LNG) carrier built as part of QatarEnergy’s...

Novatek says it is not involved in establishing ‘shadow fleet’ of LNG carriers

"Due to increasing instances of misinformation being published in the media affecting the operations and the reputation of Novatek,...

More News Like This

GTT bags tank gigs for eight LNG carriers

GTT received the orders during the third quarter of 2024. Under the first order, Samsung Heavy contracted GTT to design...

Celsius takes delivery of new LNG carrier in South Korea

South Korea’s Samsung Heavy Industries has delivered another 180,000-cbm LNG carrier to Denmark’s Celsius Tankers, a unit of Celsius...

QatarEnergy plans order for giant LNG carriers in South Korea

Sources told LNG Prime on Monday that Samsung Heavy and Hanwha Ocean are competing to win these orders. The total...

Greece’s Maran Gas welcomes new LNG carriers in its fleet

Greece’s Maran Gas, the gas shipping unit of Angelicoussis, has added two more newbuild liquefied natural gas carriers to...