Samsung Heavy nets contract to build LNG carrier duo

South Korean shipbuilder Samsung Heavy Industries said it has secured an order to build two liquefied natural gas (LNG) carriers.

Samsung said in a stock exchange announcement it would build the vessels for an Oceania-based owner.

The yard did not reveal the name of the company behind the order.

Moreover, the contract has a price tag of 417 billion won ($375 million), the shipbuilder said.

Samsung added it would deliver the ships by July 2024.

Including the newest contract, Samsung won orders more than $5.4 billion worth so far this year.

Worth mentioning here, brokers have earlier this month reported that NYK has ordered four 170,000-cbm LNG carriers at Samsung for delivery in 2024.

According to brokers, these vessels would go on charter to France’s TotalEnergies.

Most Popular

Germany, Egypt seal FSRU charter deal

Germany's Ministry for Economic Affairs and Energy has signed a deal with Egypt's state-owned EGAS to charter the 174,000-cbm FSRU Energos Power.

Sempra still targets Port Arthur LNG expansion FID in 2025

Sempra Infrastructure, a unit of Sempra, still expects to make a final investment decision on the second phase of its Port Arthur LNG export project in Texas in 2025.

YPF CEO: FID on second Argentina FLNG expected by July

Pan American Energy, Golar LNG, YPF, Pampa Energia, and Harbour Energy plan to take a final investment decision on Argentina's second floating LNG production unit by the end of July, according to YPF CEO Horacio Marin.

More News Like This

Samsung Heavy develops new FLNG concept

South Korean shipbuilding giant Samsung Heavy Industries has received approvals from three classification societies for its new multi-purpose FLNG concept.

Wan Hai Lines makes LNG fuel switch for eight containerships

Taiwan's Wan Hai Lines has decided to change an order placed for methanol-ready containerships in South Korea to enable the vessels to run on LNG fuel, according to shipbuilding sources.

H-Line Shipping, ExxonMobil name LNG carrier duo in South Korea

South Korea's H-Line Shipping and US energy giant ExxonMobil recently named two newbuild liquefied natural gas (LNG) carriers in South Korea.

VesselsValue: South Korea’s LNG carrier orderbook worth $71.3 billion

South Korean yards have 276 LNG carriers worth $71.3 billion on order, according to the newest data by Veson Nautical’s VesselsValue.