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The Korea Herald
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THE INVESTOR
April 26, 2024

Samsung

Samsung Heavy bags US$100m order for LNG ships

  • PUBLISHED :May 22, 2017 - 14:54
  • UPDATED :May 22, 2017 - 14:54
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[THE INVESTOR] Samsung Heavy Industries said on May 22 that it has clinched a US$100 million deal to build two LNG carriers.

Under the deal with Korea Line Corp., Samsung Heavy will build the ships by December 2019, the company said.

The ships, which can carry up to 7,500 cubic meters of LNG each, will be deployed to transport the fuel between local ports, it added.

With the latest deal, Samsung Heavy has clinched deals valued at a combined $2.3 billion to build 12 ships, including eight oil tankers.

Alex Lee and newswires (alexlee@heraldcorp.com)

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