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

Atlantic LNG shipping rates down, Pacific rates climb

Atlantic spot LNG shipping rates dropped this week, while Pacific rates rose compared to the week before, according to Spark Commodities.

Sempra Infrastructure’s Port Arthur LNG inks new gas supply deals

Sempra Infrastructure's Port Arthur LNG has signed three new natural gas sale and purchase deals this year, according to DOE filings.

Inpex: Ichthys LNG workers back new pay deal

Workers at the Inpex-operated Ichthys LNG facilities in Australia’s Northern Territory have backed a new enterprise agreement following months of negotiations over pay and conditions.
spot_img

More News Like This

GTT bags Delfin FLNG gig

French LNG containment specialist GTT has secured a tank design order from South Korean shipbuilder Samsung Heavy for Delfin Midstream's 4.4 mtpa FLNG unit, which will be installed offshore Louisiana.

South Korea’s Samsung Heavy clinches another LNG carrier order

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build another liquefied natural gas (LNG) carrier for approximately $252 million.

JGC, Technip Energies, and Samsung Heavy win EPCIC contract for Coral Norte FLNG

Eni-led Mozambique Rovuma Venture has awarded a contract to Japan's JGC, France's Technip Energies, and South Korea's Samsung Heavy to provide engineering, procurement, construction, installation, and commissioning (EPCIC) services for the second FLNG project in Mozambique, Coral Norte (Coral North). JGC says the contract is worth below $5 billion.

Cedar FLNG launched in South Korea

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