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

Contracts and Tenders

Venture Global to sign more 20-year LNG supply deals by year-end, CEO says

Venture Global to sign new 20-year LNG supply deals by year-end, CEO says
LNG as Fuel

Excelerate eyes LNG bunkering infrastructure

US FSRU player Excelerate Energy is interested in LNG bunkering infrastructure opportunities as the global fleet of LNG-fueled vessels continues to expand, according to CEO Steven Kobos.
LNG as Fuel

Yangzijiang secured orders for 18 LNG-powered containerships

Chinese private shipyard Yangzijiang Shipbuilding has secured orders for 18 LNG dual-fuel containerships and one LNG bunkering vessel so far this year.

More News Like This

Contracts and Tenders

Wartsila scores Delfin LNG gig

Finnish tech firm Wartsila has secured an order to supply the engines and thrusters for Delfin Midstream’s first 4.4 mtpa floating liquefied natural gas (FLNG) unit, which will be installed offshore Louisiana.
Vessels

MISC names QatarEnergy LNG carrier

South Korea's Samsung Heavy Industries hosted a naming ceremony for a liquefied natural gas (LNG) carrier it built for Malaysia's MISC and state-owned LNG giant QatarEnergy.
Vessels

Samsung Heavy nets order for two LNG carriers

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build two liquefied natural gas (LNG) carriers for approximately $494 million.
Contracts and Tenders

GasEntec, Samsung Heavy ink small-scale LNG pact

South Korea-based LNG technology and assets firm GasEntec has entered into a memorandum of understanding with shipbuilder Samsung Heavy Industries to license the latter's liquefaction technology for small-scale applications between 50,000 and 1 million tons per annum.