Samsung tells investors it has signed a contract worth KRW 740.7bn ($720.5m) for six of the gas carriers from an Asian company it declines to identify.

At $120m per copy, the ships are too expensive to be VLGCs and too cheap to be conventional LNG carriers. 

Market sources tell TradeWinds it is possible the deal is for a series of ethane carriers, a ship type around which there has been much excitement in recent times.