Samsung Heavy Industries Bidirectional Aframax Tankers Deal

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Samsung Heavy Industries disclosed in a regulatory filing that it had won a contract to build two Aframax tankers, valued at KRW 187.5 billion, says a press release published on their website.

What is the contract?

On December 2, Samsung Heavy Industries disclosed in a regulatory filing that it had won a contract to build two Aframax tankers, valued at KRW 187.5 billion, which will be delivered by March 2022.

 Bidirectional icebreaking tanker deal

SHI became the first shipbuidler to clinch a deal to build a bidirectional icebreaking tanker in 2005 and another deal to build a drillship designed for drilling in the Arctic region in 2008, which was successfully delivered, emerging as a leading producer of ships specialised for the Arctic region.

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Source:Samsung Heavy industries