Samsung Heavy Industries Receives Orders For Two Eco-Friendly S-Max Tankers

Samsung Heavy Industries Receives Orders For Two Eco-Friendly S-Max Tankers

On July 11, Samsung Heavy Industries (SHI) revealed about a deal it won, worth of a combined 147 billion to build two S-Max tankers from Panamanian shipowner. The ships are expected to be delivered by March 2021.

The main focus of the newly ordered tankers is to meet environmental regulations. It is designed such that it is eco-friendly ship with the Ballast Water Treatment Systems (BWTS) and Selective Catalytic Reduction (SCR) equipped in preparation for the IMO’s regulations. In addition to this, many fuel-saving technologies will be applied to the tankers for enhancing operational efficiency. For example, propellers and vessel shape will be tailored specifically and optimally to the ship-owner’s intended route conditions.

Read more: Ship Sizes

The SVESSEL, which is the first next-generation smart ship system in the domestic shipbuilding industry developed by SHI, will be embedded in the two tankers to ensure cost-effective and safe operation with functions that help crew plan fuel-saving optimal routes, monitor equipment performance in real time, diagnose equipment failures and remotely control the tankers from an onshore location.

“The stricter environmental regulations will increase the demand for smart ships designed with high fuel efficiency all around the world,” said an official of SHI. “Based on our world-class technological prowess and quality, we will secure more orders”.

With the latest order, SHI has won deals valued at $3.3 billion so far this year to build 16 vessels including 10 LNG carriers, 4 oil tankers, 1 special-purpose ship, and 1 FPSO, reaching 42% of its annual order target of $7.8 billion.


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