Samsung Heavy Secures Contracts Worth $300mil. in Orders

Korea’s leading shipbuilder Samsung Heavy Industries won combined $300 million orders for three vessels. Under the deal with BW, a global shipping company, the Korean shipbuilder will deliver a Liquefied Natural Gas Floating Storage Regasification Unit (LNG-FSRU) by 2016.

The shipbuilder said it also signed a contract with an undisclosed European shipping company to provide two petrochemical carriers. The shipbuilders has secured orders worth $12.6 billion so far this year, achieving 97% of its 2013 target of $13billion.

 
 

By Kim Min-su : Here

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