Samsung Heavy Industries has won an order for two very large gas carriers from a Bermuda-based shipowner. The contract is worth 307.4 billion won, about $226.4 million. Each vessel is priced at about 153.7 billion won, or $113.2 million.
By the end of February 2030, delivery is scheduled. Samsung Heavy said the deal took its cumulative commercial vessel orders for 2026 to 44 ships worth $7.5 billion, or about 10.2 trillion won.
44 ships worth $7.5 billion, or about 10.2 trillion won, lifted Samsung Heavy said the deal took its cumulative commercial vessel orders for 2026. The yard said that total is 132% of its annual target of $5.7 billion, or 7.7 trillion won. It added 28 vessels in the first half of the year and 16 in the second half.
LNG carriers led by vessel type, with 18 units, including one floating LNG storage and regasification unit. Samsung Heavy also booked 14 crude oil tankers, six gas carriers, four container ships and two ethane carriers.
In offshore, the yard won two floating LNG production units worth $4.4 billion, or about 6 trillion won. That represented 54% of its offshore annual target of $8.2 billion, or 11.1 trillion won, Samsung Heavy said.
Combined shipbuilding and offshore orders reached 46 vessels worth $11.9 billion, or about 16.2 trillion won. That was 86% of the company’s overall annual target of $13.9 billion, or 18.9 trillion won.
Second-quarter consolidated revenue came in at 3.2307 trillion won, about $2.4 billion, with operating profit of 325 billion won, or about $239.3 million. Revenue rose 20.4% year on year and operating profit was up 58.7%, Samsung Heavy said.
A company official cited diversifying customer demand tied to global energy market shifts and the trend toward eco-friendly vessel conversion, noting continued strong demand for gas carriers including LNG carriers and VLGCs.