Samsung Heavy Industries is a super-sized ethanol carrier (VLEC) worth 742.2 billion won with ship owners in Asia. It announced on the 26th that it has signed a construction contract for three ships. Ships will be delivered to ship owners sequentially by December 2027.
Including this contract, Samsung Heavy Industries recorded a cumulative order of about 7.3 billion dollars (36 vessels in total) this year. This represents 75% of the $9.7 billion annual target. Among them, eco-friendly fuel ships such as liquefied natural gas (LNG), ammonia, and ethane account for 86% (31 vessels) of all contracted ships.
An official from Samsung Heavy Industries said, “The number of orders for eco-friendly fuel-powered ships to reduce greenhouse gas is steadily increasing,” adding, “As we have strengths in eco-friendly technology development, we will actively respond to changes in the market environment.”
In November, Samsung Heavy Industries signed a construction contract worth a total of 1.985 trillion won with ship owners in Asia, including four 16,000 TEU (1 TEU is 1 20-foot container). These ships are scheduled to be delivered to the shipowner by December 2027.
Source: Maeil Business Newpaper
