South Korea’s Samsung Heavy nets contract for LNG carrier duo

South Korean shipbuilder Samsung Heavy Industries will build two new liquefied natural gas (LNG) carriers as part of a deal revealed on Monday.

Samsung Heavy said in a stock exchange filing it would build the vessels for an Oceania-based owner.

The yard did not reveal the name of the company behind the order.

Moreover, the contract has a price tag of 460.9 billion won ($392.8 million), the shipbuilder said.

Samsung Heavy added it would deliver the ships by September 2024.

Including the newest contract, the shipbuilder won orders worth $7.1 billion so far this year for 54 ships, reaching 78 percent of its annual target.

Samsung Heavy has last month revealed an order from an Oceania-based owner for one 180,000-cbm LNG carrier.

Brokers reported that Denmark’s Celsius Shipping is behind this order and the firm now has six new vessels on order at the yard.

Most Popular

Top 5 news of the week July 6-12

LNG Prime brings you the five most popular news stories on our platform during the week of July 6-12, 2026.
spot_img

More News Like This

GTT bags Delfin FLNG gig

French LNG containment specialist GTT has secured a tank design order from South Korean shipbuilder Samsung Heavy for Delfin Midstream's 4.4 mtpa FLNG unit, which will be installed offshore Louisiana.

South Korea’s Samsung Heavy clinches another LNG carrier order

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build another liquefied natural gas (LNG) carrier for approximately $252 million.

JGC, Technip Energies, and Samsung Heavy win EPCIC contract for Coral Norte FLNG

Eni-led Mozambique Rovuma Venture has awarded a contract to Japan's JGC, France's Technip Energies, and South Korea's Samsung Heavy to provide engineering, procurement, construction, installation, and commissioning (EPCIC) services for the second FLNG project in Mozambique, Coral Norte (Coral North). JGC says the contract is worth below $5 billion.

Cedar FLNG launched in South Korea

South Korea’s Samsung Heavy Industries has launched Cedar LNG's floating LNG production unit, which will be installed in Kitimat on Canada’s West Coast.