Samsung Heavy Wins Order for Two LNG Carriers

South Korean shipbuilder Samsung Heavy Industries (SHI) has received a $380mn order for two LNG carriers from a Bermuda based entity, it said June 7 with disclosing the identity of the customer. 

These vessels will be delivered by the end of June 2022, SHI added. With this order, the company has received orders for 10 LNG carrier so far this year. SHI has also received an order for one FPSO, it said. SHI's order for 11 vessels is valued at $3bn, 38% of the full year target of $7.8bn.

The company said it is continuing to win orders “despite shrinking shipbuilding orders worldwide”.