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Samsung Builds World¡¯s Biggest LNG Tanker

¡¡¡¡Samsung Heavy Industries Co., the world¡¯s second-largest shipyard, will start building the world¡¯s biggest liquefied natural gas carrier for an Exxon Mobil Corp. project in Qatar.
¡¡¡¡Samsung will cut steel for a 266,000 cubic-meter LNG tanker, twice the size of a typical carrier, in Koje island in South Korea tomorrow and deliver the vessel by August 2008.
¡¡¡¡There are 45 LNG tankers of 200,000 cubic-meter capacity on order at Korean shipyards for Qatari gas projects. These orders include tankers of 209,000 cubic meters in size, known as the Q-flex, and 266,000, or Q-max. Each Q-max carrier costs about US$300 million.
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