Samsung Heavy Industries Wins Order for Two LNG Carriers Worth 417 Billion KRW

Achieved 59% of This Year's Order Target

[Asia Economy Reporter Hwang Yoon-joo] Samsung Heavy Industries announced on the 31st that it has secured orders for two LNG carriers from an Oceania region shipowner, totaling 417 billion KRW. These vessels are scheduled to be delivered sequentially by July 2024.

The ships ordered by Samsung Heavy Industries this time will incorporate a large number of the latest eco-friendly smart ship technologies that improve fuel efficiency. Technologies such as the air lubrication system SAVER Air, which reduces frictional resistance between the ship and seawater to enhance fuel efficiency, and the shaft generator that produces electricity using the rotational power of the propulsion engine shaft, can drastically reduce fuel consumption.

Additionally, the smart ship solution 'SVESSEL,' which automatically establishes optimal navigation conditions and routes, is also applied, enabling more economical operation.

A Samsung Heavy Industries official stated, "There is a growing demand for eco-friendly technologies that improve energy efficiency in response to strengthened greenhouse gas emission regulations," adding, "We will further enhance our competitiveness in securing orders by leading in eco-friendly and smart ship technologies."

Meanwhile, including this contract, Samsung Heavy Industries has secured a total of 44 vessels worth 5.4 billion USD so far this year, achieving 59% of its annual target. Considering the recent increase in ship orders and pending projects such as Qatar LNG carriers, Samsung Heavy Industries has raised its annual order target from 7.8 billion USD to 9.1 billion USD.

This content was produced with the assistance of AI translation services.