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Friday February 20, 06:17 AM
Samsung Heavy, Zim to discuss $1.4bln order delays

SEOUL, Feb 20 (Reuters) - Samsung Heavy Industries said on Friday it would discuss with Israel Corp unit Zim Integrated Shipping Services possible delays to ship orders totaling $1.4 billion.

A spokesman at South Korea-based
Samsung (000830.KS - news) , the world's No. 2 shipbuilder, said Zim (ZIMCF.OB - news) officials would visit next week to discuss delivery delays.

Samsung shares fell 10.2 percent to 22,000 won by 0557 GMT, underperforming the wider market's 3.49 percent loss.

(Reporting by Rhee So-eui; Editing by Jonathan Hopfner) Keywords: SAMSUNG CANCEL/

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