• 2024 November 1 15:24

  Samsung Heavy Industries secures $390 mln contract for four Suezmax tankers

  

  Samsung Heavy Industries Co. announced on Nov. 1 that it has secured a significant contract to supply four Suezmax tankers to an African shipowner. The deal is valued at 459.3 billion won (approximately $390 million), according to the company's release.

  The Suezmax tankers, which represent the largest ships capable of transiting the Suez Canal, are scheduled for delivery by December 2027.

  This latest contract brings SHI's total orders for the year to 29 vessels, with a cumulative order value of $6 billion. This figure represents 62% of the company's annual target of $9.7 billion. In addition to the four Suezmax tankers, SHI has secured orders for 22 LNG carriers, two very large ammonia carriers, and one shuttle tanker. The company's selective order strategy focuses on high-value-added ships such as LNG carriers and floating liquefied natural gas (FLNG) units. 

  "While maintaining a selective order strategy focused on high-value-added ships such as LNG carriers and FLNG, we will also closely monitor the market for container ships and tankers to respond flexibly," the SHI representative added.

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2024 November 1

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17:38	Austal Australia delivers 8th Evolved Cape-class Patrol Boat to Royal Australian Navy
17:23	Acteon and Applied Fiber enter MoU to collaborate on mooring solutions
16:54	KOTUG International and Maritalia S.A. secure major marine services contract for bp’s Greater Tortue Ahmeyim gas project
16:24	BW LPG takes delivery of vessel BW Chinook from Avance Gas
15:44	HD Hyundai may nearly double shipbuilding capacity in Vietnam
15:24	Samsung Heavy Industries secures $390 mln contract for four Suezmax tankers
14:36	EU imposes duties on unfairly subsidised electric vehicles from China
14:23	Port of Montreal workers at two terminals start new strike
13:41	Chinese ports container volume rises 7.7 % from January to September of 2024
13:22	MOL, COSCO Co-host 6th Shanghai International LNG Shipping Forum
12:43	Global schedule reliability drops to 51.4% in September 2024
12:22	GTT secures technical services contract with Maran Tankers for eight LNG Dual-Fuel Suezmax vessels
11:45	MSC inks up $2.1bn container ship at the reborn shipyard Rongsheng Heavy Industries
11:28	China's first 'smart factory' for offshore oil, gas equipment fully operational
10:43	Yanmar completes land-based demonstration testing of a hydrogen engine for power generation in coastal vessels
10:23	Samsung Heavy wins W358 bln LNG ship order in Asia
09:58	EU greenhouse gas emissions fell by over 8% in 2023

2024 October 31

18:00	MAN receives multiple orders for MAN B&W G95ME-LGIM Mk 10.5 methanol engines to power a series of VLCV
17:23	The Marechal Duque de Caxias platform ship starts producing in the pre-salt layer
17:06	IWS Seawalker CSOV makes it 1000 ship designs from Kongsberg Maritime
16:45	“K” Line Wind Service and Japan Marine United sign agreement for Phase 2 of NEDO’s Green Innovation Fund Project
16:04	Wärtsilä introduces its innovative NextDF feature for the Wärtsilä 25DF dual-fuel engine
15:45	MOL plans to change charter contract for vessels related to Russia business
15:44	MABUX: Bunker price trends in the world's four largest hubs, Oct 8 - Nov 1, 2024
15:23	HHLA raises expectations for fiscal year 2024
14:59	Major fire extinguished at UK nuclear submarine yard
14:16	AD Ports Group and Somali Ministry of Fisheries & Blue Economy sign MoU for maritime sector development
13:44	Maersk reports Q3 results
12:43	UECC orders four advanced multi-fuel battery hybrid pure car and truck carriers from China Merchants Jinling Shipyard Nanjing
11:39	Japanese сonsortium produces design concept for eco-friendly VLCC
11:12	TMC Compressors bags contract to supply four LNG carriers
10:46	Panama Canal operating costs down 5% in FY2024
09:29	HIF Global and Antarctica21 promote sustainable tourism with e-Fuels

2024 October 30

18:00	East Java Multipurpose Terminal partners with Sinarmas LDA Usaha Pelabuhan
17:22	Container traffic at Iranian ports up 5% in the first half of the current Iranian calendar year
17:06	CIMC SOE delivers second 7,600 cbm LNG bunkering vessel to Seaspan Energy
16:42	Klaveness Combination Carriers makes first move into wind with bound4blue eSAIL system on CABU III newbuild
16:23	Transport workers' strike in Argentina to affect port operations
15:59	South Korea's seaport container cargo up 3.5 pct in Q3
15:46	Stena Line marks significant milestones in build of NewMax ships, Stena Futura and Stena Connecta
14:55	DNV and LR grant AiP to HD Hyundai Heavy Industries for ammonia duel-fuel large container vessel
14:45	Jiaxing Port adds a new sea-river intermodal operation area
13:32	Maersk signs long-term methanol sourcing deal
13:08	MOL and Pyxis sign Collaboration Agreement for development and market expansion of electric vessels in Singapore and Japan
12:40	AD Ports Group and the General Department of Vietnam Customs sign MoU
12:21	TE H2, CIP, and A.P. Møller Capital Partner for a large-scale project in the Kingdom of Morocco
11:40	ClassNK issues AiP for Autonomous Navigation Assistance System developed by Samsung Heavy Industries
11:20	MacGregor launches Carbon Calculator
10:55	Russian seaports in Q3, 2024: Infographics and Analytics
10:30	World's first ammonia-fuel dual-fuel bulk carrier begins construction
10:09	Erik Thun launches the next-generation Lake Vanern Max vessel
09:03	SCHOTTEL receives an order to supply azimuth thrusters for four new escort tugs for Saltchuk Marine

2024 October 29

18:00	The U.S. Environmental Protection Agency announces selections for nearly $3 bln of investments in Clean Ports
17:34	Asyaport becomes first Turkish port to provide shore power to container ships
17:00	Port of Los Angeles awarded $412 million grant from U.S. EPA for zero-emission transformation
16:42	Oil spill occurred during bunkering operations at the Port of Singapore
16:10	World’s first electric hydrofoil ferry line takes off in Stockholm
15:46	Wallenius Wilhelmsen signs five-year, $766 million deal
15:29	Port of Rotterdam introducеs Geofence system as part of the first phase of the Just-in-Time sailing project
13:50	CMA CGM and Marsa Maroc join forces in a joint venture to equip and operate half of the Nador West Med container terminal
13:22	Container volume in Spanish ports up 9.9% in Q3 2024
12:50	Port Houston container volume up 1% to 329,462 TEUs in September 2024
12:11	ClassNK issues approval in principle for new membrane-type LNG carrier without filling limits
11:40	Maersk and Danone partner to reduce the greenhouse gas emissions of seaborne logistics with ECO Delivery
11:12	SAFEEN Subsea launches unmanned vessel for offshore operations
10:42	ABS explores the potential of nuclear technology on LNG carriers
10:22	SITC’s revenue up 19.2% in Q3 2024
09:45	Hanwha, HD Hyundai vie for Poland’s $2.7b submarine program

2024 October 28

18:08

GTT announces its revenues for the first nine months of 2024