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September 6, 2019

Zvezda signs contract with SHI to build Arctic LNG vessels

Russia-based Zvezda Shipbuilding Complex has selected Samsung Heavy Industries (SHI) to construct LNG carriers for the Arctic LNG 2 project.

Russia-based Zvezda Shipbuilding Complex has selected Samsung Heavy Industries (SHI) to construct LNG carriers for the Arctic LNG 2 project.

According to the agreement, SHI will act as a technological partner due to its expertise.

The South Korean firm will also provide technical specifications and design documentation for the LNG carriers’ project.

SHI will design LNG ships with 45MW power capacity, which will help to safely transport LNG while breaking up to 2.1m-thick ice in -52°C temperature.

An SHI official said: “The contract we have signed proves that SHI has a competitive edge in icebreaking and LNG carriers. As we expand icebreaking technology into LNG carriers, we will be able to establish a solid foothold in the Arctic ships market.”

Zvezda Shipbuilding and SHI have also agreed to form a joint venture (JV) that will oversee the construction of 42,000dwt-120,000dwt tankers at Zvezda Shipyard.

Rosneft-led Consortium established Zvezda Shipbuilding Complex in the Russian Far Eastern Shipbuilding and Ship Repair Centre (FESRC).

Rosneft representative said: “The JV has been created upon an agreement on the exchange of experience in the design and construction of shuttle tankers, signed in 2018.

Samsung Heavy Industries will hand over the technical specifications and the rights to base documentation of a detailed ship project to Zvezda Shipbuilding Complex and will also provide assistance in developing working design shuttle tankers’ documentation together with Lazurit central design bureau.”

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