Samsung Heavy Industries Secures LNG Carrier Contract Worth 385.5 Billion Won

Samsung Heavy Industries LNG carrier [Photo: Samsung Heavy Industries]

Samsung Heavy Industries announced on June 8 that it has secured a contract for one LNG carrier from a shipping company in Oceania, valued at 385.5 billion won.
The company has recently been on a winning streak in the LNG value chain, following its success with FLNG projects and now with LNG carriers.
A representative from Samsung Heavy Industries stated, "Our differentiated competitiveness in the LNG sector is reflected in our continuous order achievements. We will continue to focus on selective orders centered around high-value ship types while thoroughly preparing for multiple FLNG projects currently under discussion."
In May, Samsung Heavy Industries also secured a contract for three LNG carriers from an Oceania-based shipping company for a total of 1.1242 trillion won.
With a cumulative order total of $5.2 billion this year, Samsung Heavy Industries has achieved 91% of its annual target of $5.7 billion, indicating a strong possibility of meeting its yearly goal ahead of schedule.

* This article has been translated by AI.

SHIN JIA fromjia@ajunews.com