Samsung Heavy Clinches Order for LNG Carrier Duo

SHI South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order for two liquefied natural gas (LNG) carriers from a European shipowner, according to the company. The shipbuilder said that the two vessels were ordered under a contract worth around KRW 420 billion (USD 381.4 million). Ordered by an undisclosed party, the newbuildings will feature a capacity of 180,000 m3. The order comes on the back of Samsung Heavy Industries reduced loss seen in the second quarter of 2016, as the shipbuilder reported a net loss of KRW 212.3 billion (USD 192.6 million), compared to a net loss of KRW 1.15 trillion in the same quarter of 2015. The companys net loss for the first half of the year accumulated to KRW 196.4 billion, compared to KRW 1.14 trillion seen a year earlier. World Maritime News Staff