Samsung Heavy wins orders for eco-friendly and highly efficient S-Max tankers

Samsung Heavy wins orders for eco-friendly and highly efficient S-Max tankers

Samsung Heavy Industries (SHI) revealed on July 11st that it has clinched a deal worth a combined 147 billion won to build two S-Max tankers from Panamanian shipowner. And the ships will be delivered by March …
Jul 11, 2019 /  Curious
Höegh LNG names tenth FSRU in South Korea

Höegh LNG names tenth FSRU in South Korea

Norway-based floating LNG giant Höegh LNG has held a naming ceremony of its 10th floating storage and regasification unit (FSRU) at the Samsung Heavy Industries shipyard in South Korea. Höegh LNG said via …
Jun 26, 2019 /  Vessels
GasLog cuts steel for X-DF LNG carrier at Samsung Heavy

GasLog cuts steel for X-DF LNG carrier at Samsung Heavy

Monaco-based LNG shipper GasLog has cut the first steel for its newbuild liquefied natural gas carrier at the Samsung Heavy Industries shipyard. GasLog said in a brief statement through its social media channels that …
May 22, 2019 /  Vessels
EnscoRowan Awarded $180 Million by Arbitration Tribunal

EnscoRowan Awarded $180 Million by Arbitration Tribunal

Ensco Rowan plc (NYSE: ESV) (EnscoRowan) announced on Thursday (May16) that an arbitration tribunal has awarded the Company $180 million in damages in its proceedings against Samsung Heavy Industries, a shipyard in South …
May 20, 2019 /  Vessels
GasLog lays keel for new LNG carrier at Samsung Heavy Industries shipyard

GasLog lays keel for new LNG carrier at Samsung Heavy Industries shipyard

Monaco-based LNG shipper GasLog said it has held a keel laying ceremony for its liquefied natural gas carrier currently under construction at the South Korean Samsung Heavy Industries shipyard. According to …
May 3, 2019 /  Vessels
Samsung Heavy proves its technological superiority in an eco-friendly LNG-fuelled vessels

Samsung Heavy proves its technological superiority in an eco-friendly LNG-fuelled vessels

- The Samsung Fuel Gas Supply system, ‘S-Fugas’, is acknowledged as proven in the market, likely having more orders for eco-friendly vessels on the way  - SHI has set its full products lineup for LNG …
May 2, 2019 /  Curious
Samsung Heavy Industries wins US$963Mln deal for FPSO

Samsung Heavy Industries wins US$963Mln deal for FPSO

Samsung Heavy Industries Co., a major South Korean shipbuilder, said Monday it has clinched a 1.1-trillion-won (US$963 million) deal to build an offshore oil storage facility. In a regulatory filing, the shipbuilder …
Apr 22, 2019 /  Curious
Wärtsilä and Samsung to co-develop most efficient LNG Carrier & Shuttle Tanker solutions

Wärtsilä and Samsung to co-develop most efficient LNG Carrier & Shuttle Tanker solutions

The technology group Wärtsilä and Samsung Heavy Industries (SHI) have signed a Joint Development Project (JDP) agreement aimed at establishing a more efficient solution for LNG Carrier and Shuttle Tanker …
Apr 4, 2019 /  Curious
Samsung Heavy signs US$190 Mln shipbuilding contract for LNG carrier

Samsung Heavy signs US$190 Mln shipbuilding contract for LNG carrier

Samsung Heavy Industries Co. (SHI), a major South Korean shipbuilder, said Friday it has clinched a 215 billion-won (US$190 million) deal to build a liquefied natural gas (LNG) carrier. The contract was made with …
Mar 22, 2019 /  Vessels
Teekay and Samsung opt for Hydroniq Coolers

Teekay and Samsung opt for Hydroniq Coolers

Norwegian supplier Hydroniq Coolers has won contracts from Samsung Heavy Industries Co. Ltd. to deliver the cooling system for the engines of the six LNG-fuelled shuttle tankers the shipbuilder is constructing for Teekay …
Feb 28, 2019 /  Vessels