Samsung Heavy Industries said on the 2nd that on Dec. 31 last year it won an order from a shipping company in Oceania for two liquefied natural gas (LNG) carriers for 721.1 billion won. The vessels will be delivered sequentially by Sept. 2028.
With this contract, Samsung Heavy Industries secured a total of $7.9 billion (about 11.4012 trillion won, 43 ships) in orders last year, surpassing the previous year's $7.3 billion (10.5353 trillion won, 36 ships). Samsung Heavy Industries last year won orders for 11 LNG carriers, 9 shuttle tankers, 9 container ships, 2 ethane carriers, 11 crude oil carriers, and one pre-FEED contract for offshore production facilities. As of the end of last year, the order backlog stood at 133 ships and $28.6 billion (41.2869 trillion won).
A Samsung Heavy Industries official said, "Even amid a rapidly changing business environment last year, including U.S.-driven trade tariff barriers, we were able to exceed the previous year's order performance with a selective order strategy focused on revenue," adding, "We expect the solid order momentum, including a recovery in LNG carrier orders, to continue this year."