Samsung Heavy clinches order to build four LNG carriers

South Korea’s Samsung Heavy Industries (SHI) has clinched an order to build four LNG carriers for a US-based shipowner.

The contract for the four newbuildings is worth KRW870bn ($774m), SHI said in a brief announcement to the Korean stock exchange.

The new LNG carriers are scheduled to be delivered from the shipyard by 30 September 2022.

In late-January, SHI landed its first order of LNG carrier under a deal to build two units worth KRW419bn for Celsius Tankers.

SHI has set a new order target of $7.8bn for this year.

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Posted 21 February 2019

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Lee Hong Liang

Asia Correspondent

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