A shuttle tanker built by Samsung Heavy Industries Co. (Image courtesy of Yonhap)
SEOUL, Mar. 4 (Korea Bizwire) — South Korean shipyard Samsung Heavy Industries Co. said Monday it has clinched a 198.8 billion-won (US$149 million) order to build a shuttle tanker for an Oceanian shipper.
The vessel will be delivered to the undisclosed shipping company by the end of August 2026, Samsung Heavy said in a regulatory filing.
A shuttle tanker refers to an oil tanker plying between offshore oilfields and oil plants on land to transport crude.
The shipyard has clinched $3.8 billion worth of orders to build 18 ships so far this year, or 39 percent of its yearly target at $9.7 billion.
Those vessels include 15 liquefied natural gas carriers, two very large ammonia carriers and one shuttle tanker.
Samsung Heavy is the shipbuilding arm of South Korea’s largest family-controlled conglomerate Samsung Group, whose flagship is Samsung Electronics Co.
(Yonhap)
