Samsung Heavy Industries Wins Order for Two LNG Carriers Worth KRW 750.5 Billion

A Total of 19 Vessels Ordered This Year, Including 9 LNG Carriers

Samsung Heavy Industries announced on May 14 that it had secured an order for two LNG carriers from an Oceania-based shipping company for KRW 750.5 billion.

LNG carrier built by Samsung Heavy Industries. Samsung Heavy Industries

This contract follows the order for an LNG Floating Storage and Regasification Unit (LNG-FSRU) announced on May 4. Industry observers note that this demonstrates Samsung Heavy Industries is strengthening its competitiveness across the entire LNG value chain, with a focus on LNG carriers.

So far this year, Samsung Heavy Industries has won orders for a total of 19 vessels worth USD 3.9 billion, including 9 LNG carriers (including 1 LNG-FSRU), 2 ethane carriers, 2 gas carriers, 2 container ships, and 4 crude oil tankers.

A Samsung Heavy Industries official stated, "Following the LNG-FSRU order in May, the momentum has continued with this LNG carrier order, indicating that newbuild demand for LNG vessels is accelerating. We will continue to pursue a selective order strategy focused on profitability across the entire LNG value chain and work to expand our order book."

This content was produced with the assistance of AI translation services.