SHI, Conrad Shipyard get AIP for US-built LNG bunkering barge
Samsung Heavy Industries (SHI) and Conrad Shipyard have secured Approval in Principle (AIP) from the American Bureau of Shipping for the basic design of a US-built LNG bunkering barge.
Korean shipbuilders move further ahead of China for LNG newbuilds but Chinese still lead on overall vessel types
South Korean shipbuilders, the global leaders in the construction of liquefied natural gas carriers, ranked second in 2023 in terms of new global orders for all types of vessels for a third straight year, though increased their share of the LNG newbuilds market.
GTT FLNG order
March 29 (LNGJ) - French maritime and onshore LNG storage technology firm GTT has received an order from the South Korean shipyard of Samsung Heavy Industries for the tank design of a new floating LNG production vessel.
With a total storage capacity of 200,000 cubic metres the Paris-based company said this vessel would be the first fitted with GTT’s membrane Mark III Flex containment system. It is scheduled for delivery in the first quarter of 2027. GTT said that with this new order there will be five FLNG hulls fitted with GTT tanks.
Zim Shipping of Israel charters 10 LNG duel-fueled containerships for Asia-US East Coast trade route
Zim Integrated Shipping Services, the Israeli shipping company listed on the New York Stock Exchange, has signed a long-term charter agreement for 10 liquefied natural gas dual-fuel container vessels being constructed in South Korea.
Korean LNG newbuilds
Dec 29 (LNGJ) - The three main South Korean shipyards specializing in LNG newbuilds have confirmed receiving orders in 2020 for 46 LNG carriers, or 73 percent of the 63 orders placed worldwide. Korea Shipbuilding and Offshore Engineering, Samsung Heavy Industries and Daewoo Shipbuilding and Marine Engineering said they had achieved 91 percent, 65 percent and 75 percent respectively of their order targets during the year. KSOE is the world's leading shipbuilding group comprising Hyundai Heavy Industries, Hyundai Mipo Dockyard and Hyundai Samho Heavy Industries.
South Korea to help shipbuilders after global first quarter 70 percent drop in newbuild orders
The South Korea government said it would spare no efforts to help the nation’s shipyards, the largest builders of LNG carriers, to traverse the current double challenge of the coronavirus pandemic and the spending cuts proposed by the energy industry after the oil price slump.
Samsung wins orders for 10 LNG-fuelled tankers
Samsung Heavy Industries (SHI) announced today that it had won contracts for 10 LNG-fuelled Aframaxes valued at KRW751.3 bill ($601 mill) from an Oceania-based shipowner.
GasLog takes delivery of first SHI newbuilding
On 31st July, GasLog Ltd took delivery of the ‘GasLog Warsaw’ from Samsung Heavy Industries.
This 180,000 cu m Mark III Flex Plus fitted LNGC is powered by a low pressure dual fuel 2-stroke X-DF engine.
She immediately entered into a new charter with a wholly-owned subsidiary of Cheniere Energy Inc for the period prior to the commencement of her long-term charter with a subsidiary of Endesa SA commencing in May, 2021.
She is the first of seven newbuildings due to be delivered from SHI and has a 0.07% boil off rate and is fitted with a reliquefaction plant.
Korean shipyards expect LNG orders from Qatar and Russia and hope for Mozambique newbuilds
Major shipbuilders in South Korea are expecting huge orders for new liquefied natural gas carriers to be placed in the second half of 2019 from the expansion of the Qatar LNG plant at Ras Laffan and from the advance of projects in Mozambique, the US and Russia.
Korea shipbuilder Samsung showcases own LNG regasification system to 20 fleet owners
Samsung Heavy Industries, one of the three major global shipyards based in South Korea, has showcased to around 20 shipping companies its own liquefied natural gas regasification system for future installation on floating storage and regasification unit (FSRU) newbuilds.
