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Friday, July 12, 2019 

Samsung Heavy Industries (SHI) has inked a deal worth 147bn Won to build two Suezmax tankers for a Panamanian shipowner, for delivery by March 2021.

The vessels will be designed to meet environmental standards as eco-friendly ships with Ballast Water Treatment Systems (BWTS) and Selective Catalytic Reduction (SCR) in preparation for upcoming IMO regulations. In addition, a number of fuel-saving technologies will be applied to the tankers to enhance operational efficiency. For example, propellers and vessel shape will be tailored specifically and optimally to the ship-owner’s intended route conditions. 

In particular, the ships will feature SHI's SVESSEL next-generation smart ship system in order to ensure cost-effective and safe operation with functions that help crew plan fuel-saving optimal routes, monitor equipment performance in real time, diagnose equipment failures and remotely control the tankers from an onshore location.

“The stricter environmental regulations will increase the demand for smart ships designed with high fuel efficiency all around the world” said an official of SHI. “Based on our world-class technological prowess and quality, we will secure more orders”.

With the latest order, SHI has won deals valued at $3.3 billion so far this year to build 16 vessels including 10 LNG carriers, four oil tankers, one special-purpose ship and one FPSO, reaching 42% of its annual order target of $7.8 billion.

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