Zodiac Maritime, headquartered in the UK, has become the first client of Samsung Heavy Industries’ newly operated shipyard in Vietnam, marking a significant milestone in international shipbuilding. The company has ordered three conventionally fueled suezmax tankers, each with a capacity of approximately 157,000 deadweight tons, at a price of $80 million per vessel. The ships will be built at the PVSM shipyard in southern Vietnam, a facility Samsung Heavy is developing in collaboration with PetroVietnam. Delivery of the vessels is scheduled for 2028, with options for additional orders. This move underscores the ongoing trend of South Korea’s major shipbuilders expanding their international presence, as domestic orderbooks reach capacity.
Zodiac Maritime Places Landmark Suezmax Orders at Vietnam Shipyard
Samsung Heavy Industries Group
COMPANY_GROUP
Xiamen C&D
SHIPOWNER
YANGZIJIANG TAIHUA SHIPPING
SHIPMANAGER
ZODIAC MARITIME LTD
SHIPMANAGER
Newbuild
Oil Tanker
Ella Trusteddocks
Topics
Connected to This Story
Free weekly digest
This week's ship orders & deliveries — every Friday
New contracts, launches and shipyard news in one email. No account needed, unsubscribe anytime.
More Shipbuilding News
View all →
Volare Shipping Buys Seventh VLCC Newbuild for $210m
Volare Shipping has agreed to purchase a modern, scrubber-fitted eco VLCC from an affiliate of Trafigura Maritime…
Nov 12, 2026
SWS Launches Sixth Fast4Ward Hull for Guyana's Longtail Project
Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding (SWS) has launched a floating production, storage and offloading…
Nov 12, 2026
RCL Reports Q3 Profit Surge, Orders 12 New Containerships
Regional Container Lines (RCL) posted a net profit of THB 3.26 billion for the third quarter ended 30 September 2026,…
Nov 12, 2026
Wildcat Defense Agrees to Acquire Fraser Shipyards
Wildcat Defense, part of Wildcat Equity Partners, has signed an exclusive agreement to acquire Fraser Industries, the…
Nov 12, 2026