Samsung Heavy Industries has signed a further shipbuilding contract with HSG Sungdong Shipbuilding for two additional crude oil tankers, continuing its cooperation with domestic small and mid-sized shipyards under a mutual growth approach.
The company said that on the 16th it entered into the latest agreement with HSG Sungdong Shipbuilding at the Samsung Heavy Industries Geoje Shipyard. The signing ceremony was attended by Namkoong Geumseong, vice president and head of the Geoje yard, HSG Sungdong Shipbuilding CEO Kim Hyun-ki, and other officials from both sides.
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The two companies had already concluded a contract last month for the construction of two crude oil tankers. With this new order, the number of crude oil tankers awarded by Samsung Heavy Industries to HSG Sungdong Shipbuilding increases to four.
According to Samsung Heavy Industries, this series of projects is enabling HSG Sungdong Shipbuilding to broaden its business scope while securing a stable workload.