Samsung Heavy Clinches Order for Special-Purpose Ships

Business & Finance

South Korea’s shipbuilder Samsung Heavy Industries has received a contract to construct two special-purpose ships for a European company.

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According to the shipbuilder’s stock exchange filing, the deal has a value of around KRW 266.1 billion (USD 240 million).

The special-purpose units are scheduled for delivery to the unnamed owner by the end of January 2021.

Samsung Heavy did not unveil any further details related to the units on order.

In a separate statement, the shipbuilder said it agreed with Ocean Rig to delay the delivery of a drill ship from January 2019 to September 2020.

World Maritime News Staff