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Samsung Heavy receives $2.5 billion deal from Evergreen

Samsung Heavy receives $2.5 billion deal from Evergreen

Evergreen Marine Corp. of Taiwan has chosen South Korean shipbuilder Samsung Heavy Industries (SHI) to construct twenty 15,000 TEU containerships.

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Evergreen Marine announced plans earlier this week to construct a boxship fleet for between $115 million and $130 million per unit. Several Asian shipbuilders have been bidding for this lucrative contract.

Samsung Heavy reported in a stock exchange filing on March 26, 2021, that it had landed a contract worth KRW 2.8 trillion (approximately $2.5 million).

The newbuilds are scheduled to be completed by June 30, 2025, according to SHI.

So far this year, the shipbuilder has received orders worth $5.1 billion for the construction of 42 vessels, accounting for 65 percent of its annual order target for 2021.

Maritime Business World 

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