SHI Clinces W250 Billion Deal to Build LNG Storage Unit
10.23.2017 - NEWS

October 23, 2017 [Korean Joongan Daily] - Samsung Heavy Industries, a major shipyard here, said Thursday that it has clinched a deal worth 250 billion won ($221 million) to build a liquid natural gas (LNG) floating storage regasification unit (FSRU).


Under the deal with a consortium led by Japanese firms, Samsung Heavy will build the 170,000-metric ton vessel.

The consortium, whose members include Japanese trading firm Marubeni, is constructing a gas-fired power plant in Indonesia. The LNG-FSRU will be deployed to transport LNG to the power plant.

—————————-

TankTerminals.com – Research, Market and Expand Your Presence within the Tank Storage Industry Learn more.

10-year Treasury yield hovers close to highest level since April as investors await key jobs data
01.10.2025 - NEWS
U.S. Treasury yields hovered close to its highest level since April on Friday, as investo... Read More
Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports
01.09.2025 - NEWS
State of Freight The tentative agreement is on all items for a new six-year mas... Read More
China's property market is expected to stabilize in 2025 — but stay subdued for years
10.30.2024 - NEWS
China’s struggling real estate sector may not start turning around until the sec... Read More
Harris will offer an alternative to Trump-era politics in closing argument speech
10.29.2024 - NEWS
1234534234 Democratic presidential nominee U.S. Vice President Kamala Harris walks to bo... Read More