Seapeak Orders Three LNG Carriers from Samsung Heavy

energy company, with an option to extend for an additional five years. This order increases Seapeak's LNG carrier pipeline at Samsung Heavy to 10 vessels, following previous orders in 2022 and late 2025. The company plans to finance the newbuildings through a combination of existing liquidity, future cash flow, and long-term debt. As of March, Seapeak's LNG fleet includes 49 carriers, with seven under construction, alongside an LNG regasification terminal in Bahrain. The latest order reflects ongoing strong demand for LNG carriers at South Korean shipyards for 2029 delivery slots.