Samsung Heavy Industries announced on the 2nd that it has won an order worth KRW 4,330.1 billion for one floating liquefied natural gas production facility (FLNG) from a client in the North American region. Construction of the facility is scheduled to begin once the client issues a notice to proceed, with delivery set for July 2030. Samsung Heavy Industries has secured orders for 7 of the 11 FLNG units built worldwide to date, including the world’s largest FLNG, “Royal Dutch Shell Prelude,” holding a 64% market share.
Meanwhile, Samsung Heavy Industries’ cumulative order intake for this year stands at a total of 28 vessels worth USD 8.3 billion (approximately KRW 12.5 trillion). This represents about 60% of its annual order target of USD 13.9 billion. In the commercial ship segment, orders total USD 5 billion, comprising 13 liquefied natural gas (LNG) carriers, 2 very large ethane carriers (VLECs), 4 very large gas carriers (VLGCs), 2 containerships, and 6 crude oil tankers. This corresponds to 88% of the USD 5.7 billion order target. In the offshore segment, it has secured USD 3.3 billion in orders, including one FLNG unit, achieving 40% of the annual order target of USD 8.2 billion.
Byun Jong-guk
AI-translated with ChatGPT. Provided as is; original Korean text prevails.
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