Samsung Heavy: OOCL Mega Ships Will Be a Record-Breaking 21,100 TEU

Some new details released by Samsung Heavy Industries about OOCL's recent order for ultra-large container ships reveals that the mega ships will be a record-breaking 21,100 TEU. At 21,100 TEU capacity, the vessel's are the largest ever ordered to date and the first to break the 21,000 TEU mark as the world's largest shipping companies compete to expand their fleets. South … [Read more...]

Samsung Heavy Industries Lands $620 Million Order for LNG Carriers

South Korea's Samsung Heavy Industries announced Monday that it has won a US $620 million order from an Asian buyer for the construction of three LNG carriers used to transport U.S. shale gas. The LNG carriers will have a capacity of 174,000 m3 of LNG, and will be delivered by 2018. SHI added that the vessels will be equipped with dual fuel engines for increased … [Read more...]