Samsung shipyard wins $240 mln order to build two special ships

By Lim Chang-won Posted : June 29, 2018, 16:00 Updated : June 29, 2018, 16:00

[Courtesy of Samsung Heavy Industries]


SEOUL -- Samsung Heavy Industries, one of South Korea's three major shipbuilders, received a $240 million order from an unidentified Europe-based company to build two special ships which will be delivered by January 2021.

The shipyard said in a regulatory filing on Friday that the type of ships and other information would not be disclosed at the request of the shipowner.

In a separate notice, Samsung Heavy said it would extend the delivery date of one drillship from January 2019 to September 2020. Samsung Heavy Industries has lowered the risk of undelivered drillships by withdrawing bonds through contract termination or extending delivery deadlines.
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