Samsung Heavy Industries has announced on August 19 that it received orders for 10 LNG-fueled 113,000 DWT A-max crude oil carriers from an Oceanian shipowner, valued at KRW 751.3 billion. These vessels will be delivered by January 2022 in consecutive order.

SHI has achieved 54% of its annual target of USD 7.8 billion by obtaining orders for 29 vessels equivalent to USD 4.2 billion so far and has diversified its orders into different types of ships including 11 LNG carriers, 14 COTs, two PCs, one special ship, one FPSO and more.

About Samsung Heavy Industries

Samsung Heavy Industries has successfully completed many of the world's first and largest shipbuilding and offshore EPC projects, with sole aim to establish global leadership in each of the participating market segments.

Most notably, it has achieved unbeatable leadership in the high-tech high-value shipbuilding sector by maintaining the world’s No. 1 share in the drill ship, LNG carrier and FPSO markets.

The company has developed and built the first Arctic Shuttle-Tanker and LNG-FPSOs in the world, and has pioneered new market developments by developing innovative products such as LNG-FSRU, and various ships for polar applications, Arctic Ice-Breaker Container Ships.

In the offshore facilities sector, the company has fortified its reputation through its excellent technology and rich experience, by successfully delivering the world’s largest semi-submerged offshore drilling platform.