">
Samsung Heavy Industries has won a $261 million contract to build an LNG carrier.
Samsung Heavy Industries secured a 724 billion won ($508 million) deal to build two very large ethane carriers for an Asian shipping company, the Korean shipbuilder said on Thursday.
Samsung Heavy Industries, the world's third-largest shipbuilder by orders, said Thursday it has received a liquefied natural gas (LNG) ship order for 358 billion won ($259 million).
Samsung Heavy Industries reported net profit of more than double last year's third quarter at 71.4 billion won on the back of increased orders for value-added ships.
Offshore Korea 2024 featured 200 exhibitors in Busan, highlighting innovations in the offshore energy sector with discussions on technology trends.
Shipbuilder Samsung Heavy Industries secured an order for 4 liquefied natural gas carriers from an unnamed Middle Eastern shipper.
The country's three biggest shipbuilders all logged operating profit in the first quarter on the back of rising ship prices and reduced production costs.
Samsung Heavy Industries secured a $3.44 billion contract to build 15 LNG carriers for a shipper rumored to be Qatar's state-run QatarEnergy.
Samsung Heavy Industries reported an operating profit of 75.8 billion won in Q3, thanks to increased sales of LNG carriers, surpassing market expectations.
Samsung Heavy Industries has secured a $260 million order for an LNG carrier from an Asian shipper, helping reach 69 percent of its annual order target.
Korea JoongAng Daily Sitemap