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THE INVESTOR
April 22, 2021

Market Now

Samsung Heavy cinches W425.8b LNGC deal

  • PUBLISHED :December 24, 2018 - 19:11
  • UPDATED :December 24, 2018 - 19:11
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[DISCLOSURE] Samsung Heavy Industries (010140) announced on Dec. 24 that it has received a 425.8 billion won (US$378.32 million) order from a North Americian shipowner to build 2 liquefied natural gas carriers.

This amounts to 5.4 percent of its 2017 revenue and the contract is valid until Aug. 15, 2021.

By Hwang You-mee (glamazon@heraldcorp.com)
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