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  • Samsung Heavy Industries recorded its first order for two LNG carriers worth 419 billion won this year
  • 2019 January 29 14:48

    Samsung Heavy Industries recorded its first order for two LNG carriers worth 419 billion won this year

    Samsung Heavy Industries (SHI) says it has successfully recorded its first order for two LNG carriers worth 419 billion won this year.

    SHI revealed on January 29th that it won a deal for two 180,000 ㎥ LNG carriers form Europe's Celsius Tankers.

    The LNG carriers will be fitted with SHI's developed eco-friendly and Smart ship technologies : SAVER Air and INTELLIMAN Ship. This will help to respond to the upcoming environmantal regulations and significantly increase energy saving, thereby further increasing the operational efficiency of vessels.

    SAVER Air, one of SHI's flagship eco-friendly technologies, is a type of an energy saving device, which reduces the friction between seawater by blowing air onto the bottom of a ship hull to improve fuel efficiency.

    The technology is expected to save 5 percent on fuel irrespective of the external environment such as waves and current, which will add up to a year's fuel cost if the ship runs 20 years.

    In addition, SHI's own smart ship solution, INTELLIMAN (INTELLIgent & Lifecycle-MANged) Ship, applied to the carriers can effectively respond to the emission regulations such as EU-MRV and IMO-DCS.

    Through this smart ship solution, operators can measure and monitor fuel consumption and CO2 emissions for ships in operation on a real-time basis. As accurate operation reports can be automatically created based on the accumaluated data, the reliability of the data is very high.

    The EU MRV (Monitoring, Reporting, Verification) regulation entered into force on 1 July 2015. and it requires ship owners and operators to annually monitor, report and verify CO2 emissions for vessels larger than 5,000 gross tonnage(GT) calling at any EU port.

    IMO's fuel Data Collection System(DCS) starts on 1 January 2019 that applies to ships of 5,000 gross tonnage and above calling at any port under the jurisdiction of EU member states to enforce the reduction of emissions from ships.

    This year, SHI sets $7.8billion new order target for 2019, up 24 percent over the last year's orders as the new building market is picking up all over the world, particularly for LNG ships and container ships.

    This year, it is forecast that U.S. and Qatar LNG exporters will likely make final investment decisions(FID) to build new LNG export plants. As such, the demand for eco-friendly energy, LNG, becomes stronger, presumably increasing the number of new orders up to 293 in total by 2023 including 69 in 2019. according to shipbuilding market tracker Clarksons Research.

    "In order to achieve our 2019 new order target, all the divisions, including Engineering, R&D, Marketing, Production, etc. do everything possible to develop technolohy, reduce costs, and enhance customer satisfaction" said an official from SHI. "We will make sure to improve both the quality and quantity of new orders by clinching deals for high-value added vessels with higher profitability such as LNG carrier".




2022 January 18

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16:24 NYK concludes long-term charter agreement for LNG carrier with EDF LNG Shipping
16:04 Ulstein and Sinoocean sign a framework agreement on spare parts and aftermarket services
15:44 DP World launches a single window digital solution for border authorities
15:24 KONGSBERG delivers innovative propulsion technology to VARD for vessel newbuilds
15:04 Knutsen and NYK establish new company for liquified CO2 Transportation and storage
14:35 NYK orders four LNG-fueled Capesize bulk carriers
14:14 GTT receives two orders for the tank design of new LNG carriers
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13:14 Unifeeder starts using carbon neutral towage services to boost decarbonization
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12:25 Throughput of port Vyborg in 2021 rose by 60% Y-o-Y
12:01 Chinese refinery throughput falls in December
11:36 Port of Boston welcomes its biggest container ship ever
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10:03 The Nippon Foundation and Shin Nihonkai Ferry complete a demonstration test of the world’s first fully autonomous ship navigation systems on a large car ferry
10:02 MABUX: Bunker price may continue upward trend on Jan 18
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09:31 Baltic Dry Index as of January 17
09:13 Brent futures exceeded $87 a barrel for the first time since October 2014

2022 January 17

19:02 Thyssenkrupp plans to spin off electrolyser business
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17:26 ICS and IRENA sign a Partnership Agreement to support the decarbonisation of the shipping sector
17:14 Concordia Maritime sells P-MAX vessel
16:51 Passenger Terminal Amsterdam expands business by adding river cruise under the new name Cruise Port Amsterdam
16:31 Ballastwater Equipment Manufacturers’ Association recognized by the IMO
16:04 Maersk Tankers to launch decarbonisation hub
16:04 ABP to construct a new ro-ro facility at the Port of Immingham
15:39 Throughput of port Vysotsk in 2021 fell by 9% Y-o-Y
15:14 The PAV and the València City Council collaborate in the installation of a pilot device for generating electricity from waves
14:57 Port of Ust-Luga throughput in 2021 rose by 7% Y-o-Y
14:40 BPA selects the Dongwon New Port Container Terminal Consortiaum to operate the Busan New Port’s West Container Terminal
14:13 TotalEnergies, Green Investment Group and RIDG secure ScotWind leasing rights to develop a 2 GW windfarm in Scotland
14:00 Throughput of Port St. Petersburg climbed by 4% in 2021
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13:25 FESCO vessel set sails to Antarctica to supply Indian scientific stations
12:52 HPA and DAKOSY receive funding for digital test bed at Port of Hamburg
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11:56 Port of Antwerp cargo throughput up 3.8% to 240 million tons in 2021
11:49 Vostochny Port increased its throughput by 14.4% over five years
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10:54 MABUX: Bunker price may increase on Jan 17
10:24 Dual-fuel ferry for Ust-Luga-Baltiysk line to arrive at Baltiysk soon
09:56 IAA PortNews’ summary of previous week news
09:30 Crude oil market sees moderate increase of prices
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2022 January 16

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