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27 June 2022 The on-line newspaper devoted to the world of transports 10:12 GMT+2

June 22, 2022

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Original news
Record order to Samsung Heavy Industries for construction of 14 LNG vessels

The orders have a value of about three billion dollars

South Korea's Samsung Heavy Industries (SHI) announced today to have obtained mega orders with a total value of 3,885.3 billion won (three billion dollars) for the construction of 14 ships for the transport of liquefied natural gas. It is a record value for South Korean shipbuilding and, of course, a new record for SHI.

The first contract, worth 3,331.0 billion won (2.6 billion dollars) is related to the construction of 12 ships LNG and - announced the South Korean company - was issued by a shipping company based in Bermuda. Ships will be delivered by July 16, 2026. The second contract, worth 554.3 billion won ($429 million) is for two new LNG carriers to be delivered by end of 2024 and came from African shipowners.

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