Samsung Heavy scores its first 2020 LNG carrier order

South Korean shipbuilding giant Samsung Heavy Industries has received an order to build one LNG carrier, the shipbuilder’s first such contract this year.

Samsung secured its last LNG carrier order for five vessels in December last year.

The new order worth 206 billion Korean won ($186 million) comes from an Oceania-based ship owner, Samsung said on November 30.

Samsung did not reveal the name of the company behind the order.

The shipbuilder plans to deliver the vessel by July 2023.

Besides this order, the yard secured a contract to build an S-Max crude oil carrier worth about 60 billion won ($54 million).

Including these contracts, Samsung won orders more than 3 trillion won worth this month alone.

Most Popular

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

Wilhelmshaven LNG jetty ready to welcome Excelerate’s FSRU

Dutch marine contractor Van Oord announced on Monday it had completed the new jetty for its client, state-owned LNG...

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.