Contract signed on 22th May, aims to transport LNG between   

Samsung Heavy Industries Co (SHI) has signed a contract to build two small-scale LNGCs for $100m. The vessels will be built for KOGAS to transport LNG from Tongyeong, Gyeongsangnam-do to Jeju Island.

The 7,500㎥ LNG vessels would be equipped with KC-1 cargo containment system designed in Korea. One of the two carriers would be built with LNG bunkering capability. The delivery dates are May and December of 2019.

The contract is a significant milestone for SHI, developing a leading track record in KC-1 LNG carriers, as well as expanding into small-scale LNGCs and LNG-bunkering vessels.

SHI has won a total of $2.3bn worth ororders for 2017, including eight tankers, two LNGCs, one LNG-FSRU, and one Floating Production Unit.

For more information visit www.samsungshi.com

5th June 2017