Samsung Heavy Industries (010140) said on the 30th that it has won an order for two very large gas carriers from a shipowner based in Bermuda.
The contract is valued at 307.4 billion won ($221 million). The vessels are scheduled to be delivered to the customer by February 2030.
In its commercial shipbuilding division, Samsung Heavy Industries secured contracts for 16 vessels in the second half of this year, following 28 in the first half. The company has won orders across a range of vessel types, including crude oil tankers, container ships and large liquefied natural gas carriers, in line with global demand.
The company's commercial ship orders this year total 44 vessels worth $7.5 billion (about 10.1497 trillion won), reaching 132% of its annual target of $5.7 billion (about 7.7138 trillion won). By vessel type, LNG carriers were the largest category at 18 ships, including one floating storage and regasification unit, followed by 14 crude oil tankers, six gas carriers, four container ships and two ethane carriers.
In its offshore division, the company won orders for two floating LNG production facilities worth $4.4 billion (about 5.954 trillion won). That amounts to 54% of its annual target of $8.2 billion (about 11.0987 trillion won).
Combined shipbuilding and offshore orders came to 46 vessels worth $11.9 billion (about 16.1137 trillion won), or 86% of the company's annual order target of $13.9 billion (about 18.8219 trillion won).
An official at Samsung Heavy Industries said, "Customer demand for shipbuilding is becoming more diverse as global energy market conditions shift and the industry moves toward eco-friendly vessels." The official added, "We will respond proactively to customer demand, drawing on the construction experience we have built across a wide range of vessel types and our competitiveness in eco-friendly technology."
