Samsung Heavy secures order for LNG carrier duo

South Korean shipbuilding giant Samsung Heavy Industries has secured a contract worth approximately $503 million to build two liquefied natural gas (LNG) carriers.

Samsung Heavy said on Tuesday that it will build the LNG carriers for an unidentified owner in Oceania.

The order is worth 743 billion won ($503 million), or about $251.5 million per vessel.

The shipbuilder will deliver these LNG carriers by March 2029.

Including the newest contract, Samsung Heavy booked $7.4 billion in orders this year, achieving 76 percent of its annual target of $9.8 billion.

Samsung Heavy did not provide further details regarding the new order.

Shipbuilding sources told LNG Prime that Denmark’s Celsius Tankers, a unit of Celsius Shipping, is likely behind this order for two LNG carriers.

Before this order, Samsung Heavy secured an order for one LNG carrier in January this year, 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 this year.

According to the Celsius website, its current LNG fleet includes 23 180,000-cbm carriers and two LNG bunkering vessels.

This includes three LNG carriers on order at Samsung Heavy scheduled for delivery in 2027 and 2028.

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