Samsung Heavy wins KRW 4.6 trillion order for LNG newbuilds

    2024-02-06

    LNG운반선.jpg ( 8.2 MB )

    Samsung Heavy Industries announced on the 6th that it has signed a KRW 4.57 trillion contract with a Middle East shipowner for fifteen 170,4000 ㎥ LNG carriers to be delivered by October 2028.



    The contract amount surpasses the company''''s previous record for the largest single order of KRW 3.95 trillion set by signing a newbuilding contract for 16 methanol-powered container ships last July.


    Samsung Heavy Industries’ cumulative contract performance for this year has now reached 17 ships* amounting to USD 3.7 billion in just over a month, representing nearly half of last year''''s total of USD 8.3 billion.


    *15 LNG carriers, 2 VLACs

     

    Especially the order backlog for high-value LNG carriers emcompasses a total of 90 ships, solidifying the company’s position for stable performance.


    An official from Samsung Heavy Industries said, "With this large-scale contract, the orientation towards profitability in selecting orders will gain momentum."