Samsung Heavy Industries has clinched a historic deal worth 4.57 trillion South Korean won, solidifying its position as a global leader in shipbuilding. The agreement, reached with a prominent Middle Eastern shipping company, involves the construction of 15 liquefied natural gas carriers, each boasting an impressive capacity of 170,400 cubic metres of water. With a scheduled completion date set for October 2028, this contract stands as a significant milestone for Samsung Heavy Industries, surpassing its previous record of 3.95 trillion won set just months ago.

In an unprecedented feat, Samsung Heavy Industries has swiftly amassed contracts for the construction of 17 vessels in just a month, reflecting the company’s unparalleled expertise and industry dominance. The cumulative value of these contracts amounts to a staggering US$3.7 billion, nearly half of the total value obtained throughout the entire previous year. This remarkable achievement underscores Samsung Heavy Industries’ exceptional prowess in the shipbuilding sector.

Of particular note is the inclusion of 90 high-value LNG carriers in Samsung Heavy Industries’ order book, reaffirming the company’s stronghold in the lucrative high-end shipbuilding market. With its unparalleled capabilities and track record of success, Samsung Heavy Industries continues to set new standards of excellence in the global shipbuilding industry.

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