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THE INVESTOR
April 09, 2020
Big Reunion

Industrials

Samsung Heavy wins $1.5b LNG ship order

  • PUBLISHED :November 25, 2019 - 10:42
  • UPDATED :November 25, 2019 - 10:42
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Samsung Heavy Industries, the world’s second-biggest shipbuilder by orders, said Nov. 25 it has received a $1.5 billion LNG carrier order.

Under the deal with an unidentified client in the Eurasian region, Samsung will build the LNG carrier by September 2022, the company said in a regulatory filing. 


The company didn’t provide further details.

The shipbuilder has bagged $6.9 billion worth of orders so far this year, achieving 88 percent of this year‘s order target of $7.8 billion, it said. It won $6.3 billion worth of orders last year.

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

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