Samsung Heavy said on Wednesday that it will build the LNG carriers for an unidentified owner in Bermuda.
Moreover, the order is valued at 727.2 billion won ($505 million), or approximtely $252.5 million per vessel.
The shipbuilder will deliver these LNG carriers by January 2029.
Samsung Heavy did not provide further details regarding the new contract.
Shipbuilding sources told LNG Prime that interests associated with JP Morgan are likely behind this order.
In addition to this order, Samsung Heavy also announced that it has secured an order to build two ethane carriers for an Asian owner.
Japan’s MOL and India’s ONGC announced on Wednesday that they had established two joint ventures and ordered two very large ethane carriers from Samsung Heavy Industries.
ONGC signed a 15-year contract with the JVs to charter these newbuilds and use them for transporting liquefied ethane from the US to India.
First LNG carriers in 2026
This is the first LNG carrier order Samsung Heavy announced in 2026.
Earlier this year, Samsung Heavy announced an order for two LNG carriers worth approximately $503 million.
This order, booked on December 31, 2025, is tied to Stonepeak’s Seapeak.
Last year, Samsung Heavy secured orders for 11 LNG carriers.
