About Us

  • Coporate Profile
    • overview
    • mission
    • business principles
    • history
    • ci
  • global network
    • domestic network
    • overseas network

products/technology

  • shipbuilding&offshore
    • overview
    • product information
    • major performance
    • our drillships
  • Machinery & Electric System
    • overview
    • product information
  • technology development
    • Introduction of Research Center
    • New Construction Methodology
    • New Technologies
    • Products

investor relations

  • financial information
    • financial highlights
    • Financial statements
    • audit reprot
  • stock information
    • real time quotes
    • intraday quotes
    • daily quotes
    • chart analysis
    • market view
    • foreign holding
  • IR reports

PR center

  • news&issues
  • goege shipyard
  • Be first & best
  • ship story
    • basic information on ships
    • type of ships
    • ship construction process

sustainability

  • compliance management
  • ethics management
  • HSE
    • mamagement principles
    • health
    • safety
    • environment
  • social contribution
  • report

customer service

  • quality assurance
    • quality policy
    • samsung q-mark
    • qualification / certification
    • cerfified welders
  • After-sales Service
    • plus program
    • procedure of claim
  • customer business guide
    • ISA introduction
    • visa & immigration
    • Accommodation & site office
    • work-related service
    • insurance & foreign school

contact us

  • Q&A
  • contact us

News

Home PR Center News

view
title Samsung Heavy receives order for two LNG-fueled VLCC newbuilds
date 2020.04.14

□ On April 14, Samsung Heavy Industries disclosed in its regulatory filing that it had clinched a deal worth a total of USD 209.2 million (KRW 253.6 billion) with a Bermudan ship owner to bulid two LNG-fueled VLCCs, which will be delivered by April 2022.

 

□ Equipped with S-Fugas, an LNG fueling system independently developed by SHI, these vessels will comply with IMO 2020 which took effect early this year and reduce the emission of SOx by 99%, NOx by 85% and carbon dioxide by 25% compared to diesel fuel.

 

Other cutting-edge technologies of SHI, such as Energy Saving Devices (ESDs), which enhance fuel efficiency by improving rotational energy efficiency of propellers while operating, and SVESSEL, a smart ship solution, will be applied to the ships as well.

 

□ To preemptively respond to rising demand for cleaner ships in the wake of IMO 2020, SHI has developed a competitive edge in LNG-fueled vessels, adopting LNG fuel tanks and engines in different forms and materials as ME-GI and X-DF since 2012.

 

□ "We see increasing demand for LNG-fueled VLCCs on top of that for S-max and A-max tankers powered by LNG. SHI aims to take more opportunities to come as we have predominated the market with the advancement of technologies," said an official of Samsung Heavy.

pre
next Samsung Heavy receives order to build three shuttle tankers 2020.03.02

list print

RSS Service Samsung Heavy Industries offers  an RSS service!
RSS stands for RDF Site Summary or Rich Site Summary, and is a program that will notify you of updates to a registered website at a fixed point in time. RSS services require an RSS reader and an RSS-supporting websites. Samsung Heavy Industries supports RSS for your convenience!
RSS