SHI Wins Two LNGCs Orders from MISC

South Korean shipbuilder Samsung Heavy Industries (SHI) announced that it had secured orders for two 174,000-cbm LNG carriers from MISC Berhad (MISC), a global provider of energy related maritime solutions and services.

The 174,000 cbm LNG carriers were ordered under a KRW 485.3 billion (USD 406.2 million) deal, according to an SHI stock exchange announcement. The units are scheduled for delivery by the end of the first quarter of 2023.

The LNG carriers will be used by ExxonMobil to transport its global LNG production, ti said.

The vessels are fitted with a re-liquefaction system that is applied to the latest membrane cargo tank-type Mar III Flex PLUS to reduce boil-off gas and feature Selective Catalytic Reduction (SCR) and Ballast Water Treatment System (BWTS), which meet the IMO regulations.

Furthermore, SVESSEL, a smart ship solution independently developed by Samsung, enables ships to effectively and economically sail to reduce fuel consumption by automatically planning optimal sea routes.

"Driven by the tendency that main specifications for SHI's LNGCs (Mark III cargo tanks and X-DF dual fuel engines) have rapidly gained trust and become mainstream in the LNGC market, we expect additional orders. Therefore, we will secure our place as a frontrunner in the LNGC market with our technological prowess," said an official of SHI.