Samsung reveals massive new order

Samsung Heavy Industries in South Korea reveals massive new order of 10 ships valued at $900 million. The orders comprise of two 145,000 cbm LNG carriers option from Malaysia International Shipping for delivery during 2007.

SHI also secured two 157,700DWT and an 112,800DWT ice class tankers from Ceres in Greece, and four 9,600TEU container ships from Seaspan Container Line in Canada.