Samsung Heavy Industries Wins Order for Seven Container Ships Worth 1.92 Trillion Won from Asian Shipowner
Rising Orders for LNG Dual-Fuel Container Ships
Sequential Deliveries Through 2029... Securing Stable Order Backlog
Samsung Heavy Industries has secured an order for seven container ships worth a total of 1.922 trillion won from a shipowner in the Asia region.
On November 20, Samsung Heavy Industries announced this contract through an electronic disclosure, stating that the vessels are scheduled to be delivered sequentially by November 2029. The container ship market has recently seen an increase in orders, particularly for liquefied natural gas (LNG) dual-fuel (DF) vessels, as demand for eco-friendly replacements grows. This latest order is also interpreted as part of the global trend toward eco-friendly vessel conversion.
Including this contract, Samsung Heavy Industries has achieved a total order intake of 6.9 billion dollars (approximately 10.1 trillion won) this year. By vessel type, the company has secured a total of 39 ships: seven LNG carriers, nine shuttle tankers, nine container ships, two ethane carriers, eleven crude oil tankers, and one preliminary contract for offshore production facilities, successfully diversifying its portfolio.
Currently, the company's cumulative order backlog stands at 132 ships, worth approximately 28.2 billion dollars, ensuring a stable supply of mid- to long-term work.
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A representative from Samsung Heavy Industries stated, "We are securing high-quality, stable work in the merchant ship sector and will continue to pursue a profitability-focused order strategy. If we finalize the planned offshore project (FLNG) contract within this year, we expect to achieve our annual order target without difficulty."
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