Samsung Heavy said on Friday that it will build the LNG carriers for an unidentified owner in Oceania.
Moreover, the order, booked on December 31, 2025, is valued at 721.1 billion won ($503 million), or about $251.5 million per vessel.
The shipbuilder will deliver these LNG carriers by September 2029.
Including the newest contract, Samsung Heavy booked $7.9 billion in orders in 2025, exceeding the previous year’s total of $7.3 billion.
Samsung Heavy did not provide further details regarding the new order.
Shipbuilding sources told LNG Prime that Stonepeak’s Seapeak is likely behind this order for two LNG carriers.
In November 2022, Seapeak entered into contracts with Samsung Heavy for the construction of five 174,000-cbm M-type, Electronically Controlled, Gas Admission propulsion LNG carriers that have a total fully built-up cost of $1.2 billion.
11 LNG carriers
Samsung Heavy secured orders for 11 LNG carriers in 2025.
Recently, Samsung Heavy Industries announced an order valued at approximately $503 million for two LNG carriers.
This order is tied to Denmark’s Celsius Tankers, a unit of Celsius Shipping,
In January, Samsung Heavy secured an order for one LNG carrier, its first LNG carrier order in 2025. This order is also tied to Celsius Tankers.
In addition, Samsung Heavy won orders for six LNG carriers in August, of which two were tied to Celsius and four to Greece’s TMS Cardiff Gas.
This means that Celsius has been tied to five LNG carrier orders at Samsung Heavy in 2025.
