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Samsung Heavy Industries Hits 20 LNG Carrier Orders, Surpassing Annual Target

Samsung Heavy Industries has reached the milestone of securing orders for 20 liquefied natural gas (LNG) carriers this year, exceeding its annual target for the commercial vessel segment ahead of schedule.Samsung Heavy Industries disclosed on Oct. 2 that it had received an order for two LNG carriers

Samsung Heavy Industries has surpassed its annual target by securing 20 LNG carrier orders, with the company disclosing a recent $495.17 million order valued at 672.2 billion won. This achievement is attributed to the Geoje Shipyard's construction infrastructure, notably the 640-meter Dry Dock No. 3, which can simultaneously build four large LNG carriers.

The company's commitment to technological innovation, such as the integration of digital, AI, and robotics technologies in a "3X" framework smart shipyard, aims to enhance production efficiency and differentiate its quality in the global market. The company's performance in the commercial vessel segment has significantly exceeded targets, with orders totaling $8 billion, representing 140% of the originally set annual target of $5.7 billion.

Brief written by urgent.news from BusinessKorea's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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