rss icon Subscribe
desktop mobile

SHI Wins $190mln Order for LNG Carrier

Image: Samsung Heavy Industries

Laxman Pai

South Korean shipbuilder Samsung Heavy Industries (SHI) revealed today (May 3, 2019) that it receives an order for a LNG carrier worth about KRW 222bn (US$190 million).

SHI will deliver the vessel by March 2022, the company said in a stock exchange announcement.

SHI's new order total for 2019 now stands at 8 LNGC, 1 FPSO and 2.6 billion USD. For the year, the shipyard aims to bag $7.8 billion worth of deals.

According to Yonhap, Samsung has clinched deals to build eight out of 16 LNG carrier orders placed around the globe.

Samsung Heavy secured $6 billion worth of new orders last year, lower than its initial target of $8.2 billion.

May 3, 2019



Damen to Prepare Stad Amsterdam for ‘Green Ambassador’ Role

Photo: Damen

On July 18, 2019, a press conference was held at the Willemsoord historic harbor in Den Helder.

Last Yamal LNG Arctic Ships on Sea Trials

Arctic Firsts: Arc 7 LNG carriers, including the Risunok and the ice-breaking Christophe de Margerie (pictured here). (Photo Courtesy: Yamal LNG and Sovcomflot)

The last of 15 Arc7-classed tankers ordered for the liquefied natural gas (LNG) production plant

Offshore wind: One-stop power conversion

Optimal outputs: a wind-turbine permanent magnet generator at The Switch in Deyang. Image Courtesy Yaskawa’s The Switch

With the United States and China about to start their respective offshore wind build-ups


Floating LNG Power Vessel Market to $1bln by 2025

Pic: Wärtsilä

The global floating LNG power vessel market was USD 931 million in 2018 and is anticipated to

Klaipeda LNG in Full Capacity

Image: Klaipedos Nafta

Lithuania's liquefied natural gas (LNG)  terminal Klaipėdos Nafta (KN) said that its terminal

Canada's FortisBC to Export LNG to China

Pic: FortisBC Energy Inc

FortisBC Energy Inc will export Canadian LNG produced by its small-scale LNG terminal in British

Maritime Apps