Cumulative Orders Reach 11 Vessels This Year

Total Value at USD 2.1 Billion

Samsung Heavy Industries announced on the 10th that it has received an order for three crude oil carriers from a Bermuda-based shipping company, with a contract value of KRW 400.1 billion.

Ultra-large crude oil tanker built by Samsung Heavy Industries. Samsung Heavy Industries

Ultra-large crude oil tanker built by Samsung Heavy Industries. Samsung Heavy Industries

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The vessels are scheduled to be delivered to the shipowner by February 2029.


Including this contract, Samsung Heavy Industries' cumulative order intake for this year stands at a total of 11 vessels, amounting to USD 2.1 billion (approximately KRW 3.0935 trillion). This represents about 15% of the company’s annual order target of USD 13.9 billion.


By vessel type, the orders consist of three liquefied natural gas (LNG) carriers, two ethane carriers, two container ships, and four crude oil carriers.


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A Samsung Heavy Industries official stated, "Our current cumulative order backlog stands at 137 vessels, totaling USD 29.5 billion," adding, "We will continue to focus on securing orders with an emphasis on profitability."


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