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Samsung Heavy lands $189 million LNG carrier deal

By Aiko TanakaKorea
1 min read
samsung facility
samsung facility
In this article (4)

Samsung Heavy Industries said Monday that it has clinched a deal worth 210 billion won ($189 million) to build a liquefied natural gas (LNG) carrier. The contract, with a European shipper, calls for Samsung Heavy to deliver the vessel by March 2021, the company said in a regulatory filing.

With the latest contract, Samsung Heavy has clinched deals valued at a combined $6.3 billion so far this year to build 49 ships, including 18 LNG carriers and 13 container vessels.

Questions & Answers

Q.

What is the total value of shipbuilding contracts Samsung Heavy has secured this year?

A.

Samsung Heavy Industries has clinched deals valued at a combined $6.3 billion so far this year. This total includes the latest contract for an LNG carrier, adding to their overall order book.

Q.

How many ships has Samsung Heavy agreed to build this year, and what types are they?

A.

Samsung Heavy has agreed to build 49 ships in total this year. These include 18 liquefied natural gas (LNG) carriers and 13 container vessels, alongside other types of ships.

Q.

When is Samsung Heavy expected to deliver the recently announced LNG carrier?

A.

Samsung Heavy Industries is expected to deliver the liquefied natural gas (LNG) carrier by March 2021. The contract was signed with a European shipper for this specific delivery date.

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