Samsung Heavy Industries News


ABS OKs SHI's Liquefied Hydrogen Carrier Vessel Design

Sep 26, 2024

ABS issued general design approval (GDA) to Samsung Heavy Industries Co., LTD. (SHI) for its detailed design of a liquefied hydrogen carrier, a 20,000 cbm vessel with Type C tanks.“Hydrogen is a key enabler of the clean energy economy. In decarbonizing different industry sectors…

Home-Grown: S. Korea's First OCCS put to the Test

Jul 10, 2024

KR announced the successful installation of an onboard carbon capture system (OCCS) with purely domestic technology, and it will soon undergo internal verification testing.The project began in April 2023 as a collaborative effort with HMM, Samsung Heavy Industries (SHI) and PANASIA…

SHI European 'Road Show' Showcases New Ship Designs

May 18, 2023

Samsung Heavy Industries (SHI) held aTechnology Road Show in Europe as an official debut of its new design ship.SHI held its 'Samsung Technical Seminar in Athens' at the Marriott Hotel in Athens, Greece, and announcing details on a pair of new designs: an LNG carrier and a container ship…

Samsung Heavy Industries, Seaborg Partner to Develop Floating Nuclear Power Plant

Apr 08, 2022

As the world increasingly searches for a means to reduced carbon footprint, compact floating nuclear power plants are emerging as a serios contender. To this end, Samsung Heavy Industries (SHI) and Seaborg signed a partnership agreement to develop…

SHI SVESSEL "Smart Ship" Design gets BV Cyber Secure AIP

Nov 12, 2021

Samsung Heavy Industries Co., Ltd (SHI) received an Approval in Principle (AiP) for an LNG carrier design under Bureau Veritas’ (BV) Cyber Managed Prepared notation. The certificate was delivered to the Hyun Joe Kim, Vice President of SHI, by Christophe Capitant…

SHI Wins $314M Orders for 3 Shuttle Tankers

Mar 02, 2020

South Korean shipyard giant Samsung Heavy Industries (SHI) has won a 361.1 billion won ($314.4 million) deal to build three shuttle tankers in Asia.The shipbuilder disclosed in a regulatory filing that Suezmax shuttle tankers will be delivered to the unnamed Asian shipper by July 2022…

SHI Eyes Russia's $3Bn LNG Carrier Order

Jan 12, 2020

South Korea shipbuilder Samsung Heavy Industries (SHI) may receive an order from Russia’s largest independent gas producer Novatek for 10 additional ice-breaking LNG carriers worth US$3Bn.A report by Business Korea said Novatek has asked the…

MacGregor Cargo System for World's Largest Boxship

Sep 05, 2019

MacGregor, part of Cargotec, has designed the cargo system for the world’s largest containership, MSC Gülsün, which was delivered in July 2019 by South Korea’s Samsung Heavy Industries. She is 400 m long, 61.5 m wide and is the first in a series…

SHI, Zvezda Partner in Arctic LNG 2 Carriers

Sep 05, 2019

South Korean shipbuilder Samsung Heavy Industries (SHI) has announced that it has signed a contract to assist Russian shipyard Zvezda Shipbuilding Complex with the construction of icebreaker LNG carriers for the Arctic LNG 2 project.According to a statement…

SHI to Build 10-LNG-fuelled Tankers

Aug 20, 2019

South Korean shipbuilder Samsung Heavy Industries (SHI) is to build 10 LNG-powered crude tanker vessels.The order was placed by an unnamed 'Oceanian' customer. The contract for the vessels was valued at KRW 751.3 billion (US$621 million), which is around $62 million per vessel…

Workforce Down by 27% at S. Korea’s ‘Big 3’ Shipbuilders

Nov 13, 2018

South Korea's Big Three shipbuilders  - Hyundai Heavy Industries (HHI), Samsung Heavy Industries (SHI) and Daewoo Shipbuilding & Marine Engineering (DSME) - have hit record low in workforce.According to a report in Business Korea, the total…

Samsung Heavy Industries Bags Shuttle Tanker Order from AET

Sep 04, 2018

South Korean shipbuilder Samsun Heavy Industries (SHI) revealed that it has won another 152,700 DWT suezmax-sized shuttle tanker from Singapore's AET.This is another order from the shipowner who ordered a quartet to SHI in May 2018. The price…

Egina FPSO Sails to Offshore Field

Aug 26, 2018

The $3.3 billion Floating Production Storage Offloading (FPSO) unit built by Samsung Heavy Industries of Korea (SHI) for the 200,000 barrels per day capacity Egina oilfield began to sail to the oilfield Sunday, reports local media.Following fabrication and integration works in Lagos…

GasLog Orders LNG Duo at Samsung Heavy Industries

Aug 20, 2018

Monaco-based LNG shipper GasLog  has ordered two 174,000 cubic meter LNG carriers (HN 2300 and HN 2301) with low pressure two stroke (“LP-2S”) propulsion at Samsung Heavy Industries in South Korea, with expected delivery in late 2020.GasLog…

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