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SHI wins order for three Arctic shuttle tankers

On October 7, Samsung Heavy Industries won an order amounting to USD 440 Million for three Arctic shuttle tankers from Russian owner Sovcomflot.

The ships are 42,000dwt icebreaking shuttle tankers with an overall length of 249m and width of 34m. They will ship oil from the Novy Port oil field in Russia to the Port of Murmansk. 

The tanker breaks through 1.4m thick ice at a speed of 3.5kt forward. The vessel’s ice-breaking capacity will be ARC 7, the highest ice class to be built in South Korea. 

The newbuildings are scheduled to be completed by April 2017.

With the latest deal, SHI has a combined total of $5.9bn in orders, and more orders are expected later this year, according to the shipbuilder.

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