Samsung Heavy Industries Wins KRW 444.5 Billion Order for Two Container Carriers

Cumulative Merchant Ship Orders Reach USD 6.1 Billion, Achieving 107% of Target
Total Orders Including Offshore Segment Reach USD 10.5 Billion
76% of Annual Target of USD 13.9 Billion Secured

Samsung Heavy Industries has secured an order worth KRW 444.5 billion for two container carriers from a shipping company in Africa.

Container carrier built by Samsung Heavy Industries. Samsung Heavy Industries

Samsung Heavy Industries announced the signing of the contract on the 31st. The vessels are scheduled for delivery by December 2028.

With this contract, Samsung Heavy Industries' cumulative merchant ship orders for this year reach 36 vessels, totaling USD 6.1 billion. This represents 107% of its annual merchant ship order target of USD 5.7 billion.

By vessel type, orders include 14 liquefied natural gas (LNG) carriers, 2 ethane carriers, 4 gas carriers, 4 container carriers, and 12 crude oil carriers, among others. The LNG carrier orders include one floating LNG storage and regasification unit (LNG-FSRU).

For the offshore segment, the total order volume for the year, including two floating LNG production facilities (FLNG), amounts to USD 10.5 billion, which is approximately 76% of the annual order target of USD 13.9 billion.

Having already exceeded its merchant ship segment target, Samsung Heavy Industries plans to focus on selective orders based on profitability going forward.

A Samsung Heavy Industries official stated, "Due to increasing demand for eco-friendly fleet replacements, orders for container carriers with capacities between 8,000 and 13,000 TEU are continuing. As we have surpassed our annual merchant ship order target, we will now focus on selective orders centered on profitability."

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