Samsung Heavy Industries has successfully secured a shipbuilding deal valued at $508 million. This deal highlights Samsung Heavy Industries' robust position in the shipbuilding sector and its capacity to undertake significant projects. The contract pertains to the construction of two VLECs (Very Large Ethane Carriers), a subtype of gas carriers, which further solidifies the company's reputation in building specialized vessels. These ships are scheduled to be delivered between January 1, 2027, and December 31, 2027, ensuring ample time for the shipyard to complete the sophisticated build. Located in Geoje, the Samsung Heavy Industries Co Ltd (Geoje Shipyard) is tasked with this challenging endeavor, underscoring its capabilities in handling high-value orders. This deal is a testament to the trust clients place in Samsung Heavy Industries' expertise and the advanced technology available at the Geoje Shipyard.
Samsung Heavy Industries Secures $508 Million Deal for Advanced Gas Carriers Strengthening Its Leadership in Specialized Shipbuilding
Ella Trusteddocks
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Samsung Heavy Industries Co., Ltd. (Geoje Shipyard)