Samsung Heavy secures new order for three crude oil tankers

By Lee Na-kyeong Posted : March 10, 2026, 15:05 Updated : March 10, 2026, 15:05
Courtesy of Samsung Heavy Industries
SEOUL, March 10 (AJP) - Samsung Heavy Industries has won an order for three crude oil tankers from a Bermuda-based shipowner, the shipbuilder said on Tuesday.

The order, worth 400.1 billion Korean won (about US$290 million), is scheduled for delivery by February 2029.

The deal brings the shipbuilder's cumulative orders for this year to 11 vessels worth $2.1 billion, reaching 15 percent of its annual target of $13.9 billion.

By ship type, the orders consist of three liquefied natural gas carriers, two ethane carriers, two container ships, and four crude oil tankers.

"With an order backlog of 137 ships worth $29.5 billion, we will continue to focus on profitability in securing new projects," a company spokesman said.

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