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THE INVESTOR
March 21, 2019
Big Reunion

Deals

Samsung Heavy bags W870b deal for 4 LNG ships

  • PUBLISHED :February 21, 2019 - 11:41
  • UPDATED :February 21, 2019 - 11:41
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Samsung Heavy Industries said on Feb. 21 that it has clinched a deal worth a combined 870 billion won (US$774 million) to build four liquefied natural gas carriers.

The contract was made with an American shipper, the company said in a regulatory filing without providing exact details. The ships will be delivered by September 2022.



With the latest deal, Samsung Heavy has won deals valued at US$1.1 billion so far this year to build six LNG ships.

Samsung Heavy earlier announced that it aims to bag US$7.8 billion won worth of orders this year.

By Ram Garikipati and newswires (ram@heraldcorp.com)

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