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Overview

Ship and Offshore Part of Samsung C&T Corporation provides total solution in ship and offshore business.
Building close network with our global partners, our service is not limited to simple brokerage between ship owners and shipyards. Leveraging our expertise in project organizing, financing, consulting, procurement and shipbuilding services, we also provide comprehensive package type organizing that offers financial and other relevant support to meet the needs of our esteemed customers.
Furthermore, upon our customers' request, we may serve as a main contractor utilizing long and close relationship with reliable Chinese and Korean shipyards as well as our engineering and management capabilities, providing full technical and contractual guarantee and support.
Ship and Offshore Part has track record in a number of business items and business models, including new shipbuilding, sale and purchase, charter, ship fund and sale and lease back service, material package, and offshore facilities.

Business Area


Role

Project Organizing
Shipbuilding Management
We offer shipbuilding management service as a contractual supplier. We collaborate with a reliable Chinese shipyard at a reasonable cost. Qualified engineers arranged by Samsung C&T provide effective project management. Our technical/contractual capability and rich experience with Chinese Shipyards will provide our clients with the best shipbuilding service.
Ship Brokering (New Building, Sales & Purchase, Chartering Service)
Since we started ship and offshore business, we have been engaging in exporting ship and offshore facilities, and arranging package service (new shipbuilding/sale and purchase +chartering brokerage service). We have experience in supporting a variety of countries in Europe, Africa, Southeast Asia and so on, to obtain orders for the products. Backed by over forty years of experiences with clients worldwide, we continuously provide our service to meet our esteemed customers' needs and support their successful business.
Ship fund
By participating in ship fund (Samsung C&T Corporation as an equity investor and consortium of institutional investors) business, we purchase vessels and charter out for long-term to secure stable source of revenue. Once Samsung C&T participates in a ship fund project as an equity investor, other institutional and individual investors may easily decide to invest in ship fund. We have a proven track record in concluding 3(three) ship fund deals, totally 6 vessels, with the 1st class charterers worldwide, for example Hyundai Merchant Marine in Korea and Cargill International in Switzerland.
Material Package Service
We offer reliable procurement service in delivering marine equipments to our clients in cooperation with proven suppliers. Our service ensures that clients operate with a competitive edge.
Offshore facilities
With the experience of supplying the largest FSO in the world, we offer brokerage service for offshore facilities with financial packages from commercial banks and ECAs. We connect our customers to Korean shipyards which have the best offshore technologies in the world and to Chinese shipyards at a more reasonable price. Our offshore business includes drilling unit (jack-up rig, drillship), accommodation vessel/barge, PSV/OSV and FPSO/FSO and so on.

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