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THE INVESTOR
July 21, 2019
Big Reunion

Market Now

Samsung Heavy bags W870b LNGC order

  • PUBLISHED :February 21, 2019 - 17:17
  • UPDATED :February 21, 2019 - 17:17
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[DISCLOSURE] Samsung Heavy Industries (010140) announced on Feb. 21 that it has received an 870.4 billion won (US$773.69 million) order from an American shipowner to build 4 liquefied natural gas carriers.

This amounts to 11 percent of its 2017 revenue and the contract is valid until Sept. 30, 2022.

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

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