Since the beginning of this year, Samsung Heavy Industries has been on a robust order streak, driven by a selective order strategy focused on eco-friendly and high-value vessels. This has heightened expectations for achieving its annual order target.
To date, Samsung Heavy Industries has secured a total of 19 vessels, including nine LNG carriers (one LNG-FSRU), two ethane carriers, two gas carriers, two container ships, and four oil tankers, amounting to $3.9 billion. This figure represents approximately 68.4% of its annual target of $5.7 billion for new ship orders, achieving more than two-thirds of its goal before the first half of the year concludes.
Industry experts believe that the recent supercycle in shipbuilding is likely to sustain the trend of LNG-focused orders for the foreseeable future. Consequently, there are optimistic projections for additional orders for Samsung Heavy Industries in the second half of the year.
A representative from Samsung Heavy Industries stated, "With the recent orders for LNG carriers following the LNG-FSRU, the momentum in LNG vessel orders is gaining strength. We will continue to pursue selective orders focused on profitability across all areas of the LNG value chain to maintain this upward trend in orders."
* This article has been translated by AI.
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