SHI Wins Two Ice-class Tanker Order

South Korean shipbuilding giant Samsung Heavy Industries Co (SHI)
has won a 187.5 billion-won (US$158 million) order to build a two
ice-class oil tankers.
According to a regulatory filing, under the deal with a European
shipper, Samsung Heavy will deliver two Aframax tankers by March
2022.
The vessels will be capable of operating safely even when
colliding with ice of up to 70 centimeters at minus 30 degrees
Celsius.
"SHI became the first shipbuidler to clinch a deal to build a
bidirectional icebreaking tanker in 2005 and another deal to
build a drillship designed for drilling in the Arctic region in
2008, which was successfully delivered, emerging as a leading
producer of ships specialised for the Arctic region," said a
statement form the company.
With the latest order, SHI has won $7.1 billion worth orders so
far this year to build a total of 39 vessels, achieving 91
percent of its annual target of $7.8 billion.
Dec 2, 2019