Samsung Heavy Industries (KRX:010140) won an order for a floating storage and regasification unit (FSRU) from an Asia-based client, according to a Monday filing with the Korean Exchange.
An FSRU is a vessel that stores liquefied natural gas and converts it back into natural gas before supplying it to shore.
The deal is valued at 484.8 billion won. The shipbuilder will deliver the vessels by Feb. 15, 2029.
Shares of Samsung Heavy Industries fell more than 1% in recent trade.
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