SHI will unlikely submit its offer to buy a majority stake in the compatriot shipbuilder DSME.
https://worldmaritimenews.com/archives/271131/report-samsung-heavy-unlikely-to-bid-for-dsme-stake/
Samsung Heavy Industries
GTT Receives Order From SHI For Design Of New LNG Carrier
GTT has received an order from Samsung Heavy Industries (SHI) regarding the design of a new 174,000 m 3 LNG carrier, on behalf of a European ship-owner. The delivery of the ship is planned during the first half of 2021.
Image Credit: gtt.fr
GTT’s Membrane Containment System Mark III Flex has been selected for the design of the tanks. The name of the ship-owner remains confidential at this stage.
Philippe Berterottière, Chairman and CEO of GTT declared: “We are very pleased to pursue our...
Samsung Reports on Contract Cancellation, New LoI
Samsung Heavy Industries cancelled a contract for the construction of three special-purpose ships.
https://worldmaritimenews.com/archives/270356/samsung-reports-on-contract-cancellation-new-loi/
Hyundai Seeks to Take Over DSME, Inks Conditional Deal with KDB
Hyundai Heavy Industries Corporation has set sights on acquiring a major stake in compatriot Daewoo Shipbuilding and Marine Engineering.
Samsung Heavy Secures Order for LNG Carrier Pair
SHI has received its first order this year for two liquefied natural gas (LNG) carriers.
https://worldmaritimenews.com/archives/269987/samsung-heavy-secures-order-for-lng-carrier-pair/
Samsung Heavy Industries’ net loss increases by 13.9% in 2018
Samsung Heavy Industries Co., South Korea’s shipyard, reported that its net losses increased by 13.9% during 2018 in comparison to 2017 because of fewer orders. Its net loss resulted to 388.2 billion won (US $346 million) in 2018, compared to US $340.7 billion loss in 2017.
Mainly, the sales also decreased by 33.4% on year to 5.26 trillion won in 2018 and it also suffered an operating loss of 409.3 billion won, according to the company.
The company, moreover, accused the decreased orders in 2016...
https://safety4sea.com/samsung-heavy-industries-net-loss-increases-by-13-9-in-2018/
Brokers: Minerva Marine Building Up LNGC Fleet
Minerva Marine is behind the December order for a large LNG carrier at South Korean shipbuilder SHI.
https://worldmaritimenews.com/archives/269679/brokers-minerva-marine-building-up-lngc-fleet/
Samsung Heavy Industries Targets USD 7.8 Bn Orderbook
Samsung Heavy Industries has set sights on achieving USD 7.8 billion worth orderbook in 2019.
https://worldmaritimenews.com/archives/268140/samsung-heavy-industries-targets-usd-7-8-bn-orderbook/
Gaslog On Long-Term Charters With Cheniere And Newbuilding Orders At SHI
GasLog Ltd. (“GasLog”) is pleased to provide further detail on the new charter party agreements (the “Charters”), each for a firm period of seven years, with a wholly owned subsidiary of Cheniere Energy, Inc. (“Cheniere”), originally announced on December 26, 2018.
Representation Image – Credits: dynagaspartners.com
To fulfil the Charters, two 180,000 cubic meter LNG carriers (HN 2311 and HN 2312) with low pressure two stroke (“LP-2S”) propulsion and GTT Mark III Flex Plus cargo containment...
Samsung Heavy Industries Wraps Up 2018 with 49 Ships on Order
Samsung Heavy Industries (SHI) closed the year with 49 ships in the orderbook.