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Samsung Heavy Industries To Build 16 Containerships For Evergreen

Samsung Heavy Industries announced the official contract with Evergreen for the construction of 16 methanol-fuelled, 16,000 teu containerships.

The vessels are scheduled to be delivered by December 2027.

With the Evergreen contract, Samsung Heavy Industries has increased its order intake this year to a total of 25 ships, worth $6.3 billion and achieved 66% of its annual target.

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The worth of the contract is estimated at some KRW3.99 trillion ($3.11bn) and it’s the largest ever for a single shipbuilding contract place with the  shipyard.

This broke the previous record of KRW 3.33 trillion for 12 LNG carriers set by Samsung Heavy Industries (SHI).

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Samsung Heavy Industries succeeded in expanding its alternative fuel vessels from LNG to methanol through this contract and expects to further strengthen its competitiveness in the eco-friendly ship market in the future, commented the shipyard.

Evergreen is ordering a total of twenty-four 16,000 teu methanol-powered newbuildings. The contract for the other eight newbuildings is being placed with Nihon Shipyard in Japan and combined all 24 newbuildings will cost $5 billion.

 

 

 

 

 

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