Samsung Heavy Bags USD 440 Mln Order

Samsung Heavy Bags USD 440 Mln Order

South Korean shipbuilding giant Samsung Heavy Industries (SHI) has won an order amounting to USD 440 million for three Arctic Shuttle Tankers from a European shipper.

The client behind the order is Russia’s Sovcomflot, Yonhap new agency reports referring to a confirmation from the shipbuilder.

The newbuilds, boasting a capability to travel through 1.4m thick ice, are expected to deliver by April 2017.

Sovcomflot has already ordered three shuttle tankers from SHI in July, worth USD 440 mill.

The latest order brings SHI’s orderbook value to USD 5.9 bn.

World Maritime News Staff, October 7, 2014; Image: SHI

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