Samsung Heavy Industries won orders for six liquefied natural gas (LNG) carriers and crude oil tankers worth 1.6476 trillion won, surpassing last year's institutional sector performance in merchant ships.
On the 14th, Samsung Heavy Industries said it signed contracts with a shipowner in Oceania to build four LNG carriers for $1 billion and two crude oil tankers for $200 million.
Samsung Heavy Industries said the LNG carriers ordered this time are 200,000-cubic-meter class vessels with larger cargo tank capacity than the 174,000-cubic-meter standard model, improving operating efficiency per unit transport volume.
With this order, Samsung Heavy Industries' accumulated LNG carrier orders this year total 18 vessels. Citing Clarksons Research, Samsung Heavy Industries said global newbuilding orders increased this year due to supply chain diversification and geopolitical instability in the Middle East.
The overall institutional sector performance in merchant ships also surpassed last year's results. Samsung Heavy Industries has secured orders for a total of 42 merchant ships worth $7.3 billion this year, exceeding last year's $7.1 billion. It also exceeded this year's order target of $5.7 billion by 28%.
By ship type, orders included 18 LNG carriers (including one LNG-FSRU), two ethane carriers, four gas carriers, four container ships, and 14 crude oil tankers.
Meanwhile, in the offshore institutional sector, two FLNG units worth $4.4 billion were ordered, achieving 54% of this year's $8.2 billion target. Combined orders for shipbuilding and offshore came to 44 units worth $11.7 billion, or 84% of this year's $13.9 billion target.
A Samsung Heavy Industries official said, "This large LNG carrier order reflects our active response to the shipowner's long-haul transport needs," adding, "We will continue to pursue selective orders that align with customer demand and convenience and focus on profitability."