Business

Seoul (South Korea), March 9: Samsung Heavy Industries Co. said Tuesday that it has obtained a 794 billion-won (US$695 million) order from an Asian company.
Under the deal to build five 15,000-twenty foot equivalent unit (TEU) container carriers, Samsung Heavy Industries will deliver the vessels by January 2024, the shipbuilder said.
The company said the five vessels will be propelled by liquefied natural gas (LNG).
With the latest deal, Samsung Heavy Industries has won orders worth $2.4 billion to build 19 ships in total so far this year, achieving 31 percent of its annual target worth $7.8 billion, the shipbuilder said.
Source: Yonhap