MarineLink News Search
Search term • Samsung Heavy Industries
Create an email alert for Samsung Heavy Industries
MOL, Reliance to Co-Own World’s 6 Largest Ethane Carrier
The international shipping company based in Tokyo Mitsui O.S.K. Lines Ltd (MOL) and Reliance Ethane Holding (REHPL) a 100% subsidiary of Reliance Industries Ltd(RIL)…
Samsung Wins $963mln FPSO Contract
South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order for the construction of a floating production, storage and offloading (FPSO) unit on…
Wärtsilä, Samsung Heavy Industries Partner
![The Joint Development Project was signed by Jin-Taek Jung; Executive Vice President, Engineering & Procurement Operations, SHI and Timo Koponen; Vice President, Processing Solutions, Wärtsilä Marine. (Photo: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/the-joint-development-project-was-98770.png)
Finland based technology group Wärtsilä and South Korean shipbuilder Samsung Heavy Industries (SHI) will set out to develop more efficient solutions for liquefied natural gas (LNG) carriers and shuttle tanker vessels, under a new joint development project (JDP) agreement signed Wednesday at the LNG19 exhibition in Shanghai.According to Wärtsilä, who issued a press release announcing the agreement on Thursday, the JDP will build on shared knowledge and experience between the two companies.
GasLog in LNG Charter Deal with JERA
Monaco-based liquefied natural gas (LNG) shipper GasLog has agreed a 12-year charter contract with world’s largest LNG buyer, Japan’s JERA.The LNG vessel owner said…
DNV GL Okays INTELLIMAN Ship Software
DNV GL announced that Samsung Heavy Industries (SHI) INTELLIMAN Ship software complies with the EU-MRV and IMO-DCS regulations.The classification society said in…
Petrobras Sues Samsung Heavy Industries
![© Lichtwolke / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/lichtwolke-adobe-stock-98461.jpeg)
Samsung Heavy Industries said on Wednesday that Petrobras America filed a lawsuit against the South Korean shipbuilder with a U.S. court, claiming 283 billion won ($249.32 million) in damages.Petrobras America claimed that it paid excessive charter fees for a drill ship built by Samsung Heavy, Samsung said in a regulatory filing. Samsung delivered the vessel to U.S.
SHI Receives New LNGC Order
South Korea’s Samsung Heavy Industries (SHI) has signed a deal for the construction of one more liquefied natural gas (LNG) carrier.The shipbuilder said in a stock…
GasLog Warsaw Secures Charter with Endesa
Monaco-based liquefied natural gas (LNG) shipper GasLog Ltd signed a new long-term charter deal with a unit of the Spanish utility company Endesa for its newbuild vessel…
SHI Cuts Steel on 4th Teekay Shuttle Tanker
![(Photo: Teekay)](https://images.marinelink.com/images/maritime/w200h200c/photo-teekay-97515.jpg)
Furst steel was cut on Monday at Samsung Heavy Industries (SHI) in South Korea for the fourth and final E-Shuttle tanker in a series for Teekay Offshore. The final vessel will be named Current Spirit.The 130,000 dwt vessels will operate on both liquefied natural gas (LNG) as the primary fuel, and a mixture of LNG and recovered volatile organic compounds (VOCs) as secondary fuel. According to Teekay…
Teekay, Samsung Opt for Hydroniq Coolers
Norwegian supplier Hydroniq Coolers has won contracts from Samsung Heavy Industries Co. Ltd. (SHI) to deliver the cooling system for the engines of the six LNG-fuelled…
GTT Wins SHI LNG Tank Design Deal
GTT won an order from Samsung Heavy Industries (SHI) for the tank design of a new 174,000 cu. m. LNG carrier (LNGC), on behalf of the Danish ship-owner Navigare.The…
SHI Turned Down Offer to Buy DSME
![© Roland Bentin / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/roland-bentin-adobe-stock-96651.jpg)
Samsung Heavy Industries turned down an offer to take over rival shipbuilder Daewoo Shipbuilding & Marine Engineering, the top shareholder of Daewoo said on Tuesday.State-funded Korea Development Bank (KDB), which holds a 56 percent stake in Daewoo, said it aims to sign a deal to sell the shipbuilder to sole bidder Hyundai Heavy Industries once its board approves it in early March.Hyundai Heavy, the world's biggest shipbuilding group…
FLNG Market Grows a CAGR of +93%
Global floating liquefied natural gas (FLNG) market is growing at a CAGR of +93% during forecast period 2019-2026 as the demand for natural gas has been rising as…
GTT Wins SHI's LNG Tank Design Order
French LNG containment specialist GTT (Gaztransport & Technigaz) has announced that it has received an order from Samsung Heavy Industries (SHI) concerning the tank…
World's Largest Shipbuilders in $2 Bln Mega-merger
![(Photo: Hyundai Heavy Industries)](https://images.marinelink.com/images/maritime/w200h200c/photo-hyundai-heavy-industries-96188.jpg)
Resulting entity would control about 20 pct of global market; Daewoo shares rally 22 pct; Hyundai Heavy shares fall.Hyundai Heavy Industries, the world's biggest shipbuilding group, has announced a share swap deal worth 2.1 trillion won ($1.98 billion) to take over second-ranked Daewoo and create a global heavyweight controlling over 20 percent of the market.The move comes as the worldwide shipbuilding sector recovers from a global economic downturn that led to massive losses…
Hyundai Heavy Seeks to Acquire DSME
South Korea's "Big Three" shipbuilders may soon become the "Big Two". South Korea’s Hyundai Heavy Industries (HHI) has expressed interest to buy its rival Daewoo…
Hyundai Heavy Mulls Stake in rival Daewoo
![File Image: AdobeStock / © Nightman](https://images.marinelink.com/images/maritime/w200h200c/file-image-adobestock-nightman-96120.jpg)
South Korea's Hyundai Heavy Industries Group, the world's biggest shipbuilder, is interested in buying a stake in second-ranked rival Daewoo Shipbuilding & Marine Engineering, a Hyundai official told Reuters on Wednesday.The comments follow the group's holding firm saying on Monday it planned to sell part of its stake in refiner Hyundai Oilbank to Saudi Aramco for as much as 1.8 trillion won.State-funded Korea Development Bank (KDB) holds a 55.7 percent stake worth 2.16 trillion won ($1.94 billi
SHI Wins Order for LNG Carrier Pair from Celsius Tankers
South Korean shipbuilding giant Samsung Heavy Industries(SHI) has won a new order to build two liquefied natural gas (LNG) carriers from Copenhagen-based Celsius…
Qatar Mulls Buying 60 New LNG Carriers
Qatar’s energy minister Saad Sherida Al-Kaabi, who also serves as deputy chairman of Qatar Petroleum (QP), outlined plans to order 60 new liquefied natural gas (LNG) carriers.Reuters…
eMARINE Global Wins Warship ECDIS Contract with Hanjin Heavy
The provider of information and communications technology for the maritime industry eMARINE Global announced its second contract with Hanjin Heavy Industries & Construction…