Samsung Heavy Industries has secured a major newbuilding contract with an undisclosed shipowner from Oceania for four large LNG carriers and two crude oil tankers, worth around 1.65 trillion won (approximately US$1.2 billion). Announced on September 14, 2026, the order significantly advances the yard toward its annual order target for commercial vessels and offshore projects.
According to South Korean business media and maritime trade press, Samsung Heavy Industries announced on September 14, 2026 that it had signed a contract with an Oceania-based shipowner to build four large liquefied natural gas (LNG) carriers and two crude oil tankers, with a total value of roughly 1.65 trillion won, or about US$1.2 billion. The four LNG carriers account for about US$1 billion of the contract value, while the two crude tankers are estimated at around US$200 million. The deal was disclosed through a regulatory filing and confirmed by several industry outlets, all highlighting that the client is an undisclosed owner located in Oceania.
Source:
biz.chosun.comShare this article
Related news
Baltic Dry Index Rises 1.9% as Capesize Rates Strengthen
The Baltic Dry Index ended a three-day decline and climbed about 1.9% to 2,652 points, supported by firmer Capesize rates.
Yangzijiang Maritime Sells Six Newbuild Tankers for $308 Million
Yangzijiang Maritime Development has agreed to sell six newbuild MR tankers for a total consideration of $308 million, with deliveries scheduled for 2027–2028.
KMTC Places First Chinese Shipyard Order for Six 3,100-TEU Containerships
South Korean liner operator KMTC has ordered six 3,100-TEU containerships from China, marking its first-ever newbuilding contract with a Chinese shipyard.