Search results for: Samsung Heavy

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  • 22 April 2019
    Business & Finance, Infrastructure

    Samsung Heavy Industries has received an order to build a floating production storage and offloading (FPSO) vessel for an unnamed Asian client. 

  • 17 May 2017

    A fire reportedly broke out on Wednesday at Samsung Heavy’s shipyard in Geoje, South Korea. According to a Wednesday report by Yonhap, a South Korean news agency, the blaze started from a cooling installation at 10:07 a.m. and was extinguished around 10:30 a.m. No casualties were reported. The news agency further reported that the Ministry of Employment […]

  • 29 January 2015
    Business & Finance

    South Korean shipbuilder Samsung Heavy Industries (SHI) saw its revenue plummet in 2014, reaching KRW 12.8 trillion, around KRW 2 trillion lower when compared to 2013 figures. The company’s operating profit plunged from KRW 914.2 billion in 2013 to KRW 183 billion in 2014, according to the company’s unaudited preliminary results. SHI’s net profit saw […]

  • 31 October 2016
    Business & Finance

    One of South Korea’s biggest shipbuilders, Samsung Heavy Industries (SHI), has seen its net income surge to KRW 128.6 billion (USD 112 million) in the third quarter of 2016, from a net loss of KRW 212.4 billion (USD 185 million) reported in the second quarter of the year. The company’s operating profit for the period jumped to KRW […]

  • 16 August 2019
    Vessels

    South Korean shipbuilder Samsung Heavy Industries said it has secured an order for a liquefied natural gas carrier.

  • 6 March 2019
    Business & Finance

    The termination of the initial contract was announced in February this year.

  • 4 June 2015
    Business & Finance

    South Korean shipbuilder Samsung Heavy Industries (SHI) has won a contract to build three shuttle tankers plus an option for one more for a US owner, most probably Teekay Offshore, who recently announced the placing of an identical order at a Korean shipyard. Both SHI and Teekay say in their press releases that the tankers […]

  • 28 August 2017

    Teekay on Friday, August 25 held a triple naming ceremony for its three new shuttle tankers at the Samsung Heavy Industries shipyard in South Korea.  Teekay’s newest shuttle tankers, Beothuk Spirit, Norse Spirit and Dorset Spirit, were officially christened and named in honor of the people who first inhabited the area around Newfoundland, the company said in a statement […]

  • 5 April 2018
    Project & Tenders, Vessels

    South Korean shipbuilder Samsung Heavy Industries said on Thursday it has won a deal for the construction of two 174,000-cbm liquefied natural gas (LNG) carriers. The order that includes an option for two additional LNG carriers is subject to board approval by an unidentified owner, according to a statement by the shipbuilder. The price tag for […]

  • 14 April 2020
    Business developments & projects, Infrastructure, Vessels

    South Korean shipbuilding giant Samsung Heavy Industries has received an order to build two liquefied natural gas-powered very large crude carriers. The order worth 253.6 billion Korean won ($209.2 million) was placed by a Bermuda-based ship owner, Samsung said on Tuesday. Samsung did not reveal the name of the company behind the order. The two […]

  • 1 August 2019
    Business & Finance

    The shipbuilder received a type approval certificate from DNV-GL for the marine lithium ion battery system.

  • 10 July 2019
    Business & Finance

    SHI is to invest in a research and development (R&D) facility in order to strengthen its market position in LNG-related technologies.

  • 3 May 2019
    Vessels

    South Korean shipbuilder Samsung Heavy Industries has booked a new order for a liquefied natural gas carrier. 

  • 31 December 2018

    South Korean shipbuilder Samsung Heavy Industries on Monday said it won a new order to build a liquefied natural gas (LNG) carrier.

  • 13 August 2018
    Business & Finance

    Samsung Heavy Industries is to adopt a compulsory unpaid leave plan for its employees on the back of a drop in orders.

  • 29 June 2018
    Business & Finance

    Samsung Heavy has received a contract to construct two special-purpose ships for a European company.

  • 29 November 2017
    Business & Finance

    Teekay Offshore Partners has ordered two shuttle tanker newbuildings for a total fully-built-up cost of approximately $265 million.

  • 1 October 2018
    Project & Tenders, Vessels

    South Korean shipbuilder Samsung Heavy Industries secured an order for a liquefied natural gas carrier. 

  • 26 November 2019

    South Korean shipbuilding giant Samsung Heavy Industries has secured an order for liquefied natural gas carriers worth a total of $1.5 billion.

  • 7 June 2019
    Vessels

    South Korean shipbuilder Samsung Heavy Industries said it has secured an order for a liquefied natural gas carrier pair. 

  • 30 April 2019

    South Korean shipbuilding giant Samsung Heavy Industries has completed the construction of its first LNG-fueled vessels, using its in-house developed technology. 

  • 13 December 2018
    Vessels

    South Korean shipbuilding giant Samsung Heavy Industries on Thursday said it has secured a new order to build a liquefied natural gas (LNG) carrier. The price tag for the LNG carrier is 211 billion Korean won ($188 million). The shipbuilder did not reveal the company behind the newest order saying that it would deliver the vessel […]