Samsung Heavy clinches single LNG carrier order

South Korean shipbuilding giant Samsung Heavy Industries will build another liquefied natural gas (LNG) carrier as part of a new deal revealed on Monday.

Samsung Heavy said in a filing to the stock exchange the contract has a price tag of 241.6 billion won ($203.6 million).

The yard said it would build the LNG carrier for an owner based in Central and South America.

Samsung Heavy added it would deliver the ship by December 2024, but it did not reveal any additional information regarding the contract.

Including the newest deal, the shipbuilder won orders worth $12.2 billion so far this year, surpassing its annual target of $9.1 billion by about $3.1 billion. This includes orders for 22 LNG carriers.

This new contract follows an order for one LNG carrier Samsung Heavy revealed earlier this month.

In addition, Celsius Shipping recently confirmed it has ordered two 180,000-cbm LNG carriers at the yard.

Most Popular

Venture Global gets FERC OK to boost Calcasieu Pass LNG capacity

US LNG exporter Venture Global LNG has received approval from the US FERC to increase the peak liquefaction capacity of its Calcasieu Pass LNG terminal in Louisiana.

Worley updates on CP2 LNG work

Australian engineering firm Worley has provided an update on its reimbursable EPC contract with US LNG exporter Venture Global LNG for the latter's CP2 LNG terminal in Louisiana.

Deutsche ReGas, German government reach deal on FSRU charter termination

LNG terminal operator Deutsche ReGas and Germany's Ministry for Economic Affairs and Energy have reached a mutual agreement on resolving the sub-charter agreement for the 174,000-cubic-meter FSRU Energos Power.

More News Like This

Steel cut for Cedar’s FLNG in South Korea

South Korea’s Samsung Heavy Industries has officially started building Cedar LNG's floating LNG production unit, which will be installed in Kitimat, on Canada’s West Coast.

Basalt adds another LNG carrier to its fleet

UK-based infrastructure investment firm Basalt Infrastructure Partners has added the 180,000-cbm LNG carrier, Celsius Galapagos, to its fleet.

Samsung Heavy, KR to develop three-tank LNG carrier

South Korean shipbuilder Samsung Heavy Industries signed a memorandum of understanding with compatriot classification society KR to jointly develop a 174,000-cbm LNG carrier featuring three cargo tanks.

MOL’s LNG carrier to feature SOFC tech

Japan's MOL and South Korea's Samsung Heavy Industries have received approval from classification society LR for the design of a 174,000-cbm LNG carrier integrating solid oxide fuel fell (SOFC) technology.