Samsung Heavy Industries wins W734b orders for 3 LNG carriers

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Samsung Heavy Industries wins W734b orders for 3 LNG carriers
This photo provided by Samsung Heavy Industries Co. on Tuesday, shows a LNG carrier built by the shipbuilder. (Samsung Heavy Industries Co.)Samsung Heavy Industries Co. said Tuesday that it has bagged two orders worth a combined 734 billion won ($621 million) to construct three liquefied natural gas (LNG) carriers.

With the latest deals, Samsung Heavy Industries has won orders worth a cumulative $11.8 billion so far this year, exceeding 30 percent of its annual order target of $9.1 billion, the shipbuilder said in an emailed statement.

By ship, Samsung Heavy Industries bagged orders for 20 LNG carriers, 44 container carriers and 14 crude carriers this year.

Among the latest two deals, a 488 billion won deal signed with a company in Bermuda calls for Samsung Heavy Industries to deliver two LNG carriers by January 2025.

Samsung Heavy Industries also signed another 246 billion won deal with a company in Oceania, under which the shipbuilder will deliver a LNG carrier by January 2025. (Yonhap)

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