29 December 2017, News wires – Ship building company, Samsung Heavy Industries of South Korea, says it will sign a deal for the construction of a liquefied natural gas, LNG, carrier at the cost of $196.4 million.
The deal is for construction of a liquefied natural gas carrier, capable of transporting 180,000 cubic meters of LNG, within a year, the company said.
The company said in a statement that with this deal, its order count for the year 2017 has reached 28 units valued at $6.9 billion, more than its annual target of $6.5 billion.
It stated that the 2017 orders include eight oil tankers, seven shuttle tankers, six container ships, five LNG carriers including two LNG/FSRU units, as well as one floating production unit (FPU) and a floating LNG facility (FLNG).
According to the company, the order for the Coral FLNG facility booked in June, priced at $2.5 billion, was the largest shipbuilding contract for a single project.
The LNG carrier orders include two small-scale LNG tankers which will be equipped with the KC-1 liquefied natural gas containment system, and one vessel will have LNG bunkering capabilities.