Samsung Heavy Industries Secures 4.6 Trillion Won Order for Qatar LNG Ships

According to the latest information, Samsung Heavy Industries has now secured a second-phase project for liquefied natural gas (LNG) carriers worth 4.6 trillion won (US$2.5 billion), following HD Hyundai Heavy Industries, marking another success for two of South Korea’s major shipbuilders in the Qatar LNG project.

The company has signed a construction contract for fifteen 174,000 cubic meter LNG carriers with a shipowner from the Middle East.

This second-phase order follows HD Hyundai Heavy Industries’ agreement last October for a 5.28 trillion won deal to build seventeen LNG carriers. With this latest announcement, Samsung Heavy Industries becomes the second domestic shipbuilder to disclose a construction contract for the project.

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