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HomeSamsung Heavy

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Samsung Heavy
International News

Samsung Heavy gets OK for nuclear-powered LNG carrier

September 16, 2025 Mariel Alumit

Samsung Heavy said it had received technical certification from the American Bureau of Shipping (ABS) and the Liberian flag state for the first time in the world for such a vessel at the Gastech conference […]

Finance

Hanwha bankrolls Philly revival in showpiece of Korea-US shipbuilding pact

August 28, 2025 Mariel Alumit

Hanwha Group has unveiled a $5bn expansion plan for Hanwha Philly Shipyard as well as ordering 10 tankers to be built in Philadelphia, in a landmark moment for Korea-US industrial cooperation designed to revive American […]

Samsung Heavy
Finance

Samsung Heavy bags orders for six LNG carriers

August 19, 2025 Mariel Alumit

Samsung Heavy said on Monday that it will build the LNG carriers for unidentified owners in Oceania. Under the first order, Samsung Heavy will build four LNG carriers for 1.43 trillion won ($1.04 billion), or […]

Finance

Splash Wrap: Shipyards and geopolitics

July 20, 2025 Stu Turley

Shipbuilding hogged the headlines at Splash this week with images of the White House and its occupant down considerably week-on-week. The East Asian shipbuilding tango – one of the persistent shipping news themes of 2025 […]

Samsung Heavy
Geopolitical

Samsung Heavy files lawsuit seeking billions from Russian counterpart

June 19, 2025 Stu Turley

Samsung Heavy Industries said Wednesday it will file a lawsuit against Russia’s largest shipbuilder, Zvezda, for “illegally” terminating shipbuilding equipment supply contracts worth KRW4.85trn ($3.5bn). The Korean shipbuilder said it will also seek damages through […]

LNG carrier
International News

Samsung Heavy, KR to develop three-tank LNG carrier

June 5, 2025 Mariel Alumit

Despite the ongoing trend toward larger vessels across all ship types, the 174,000-cbm LNG carrier remains the standard design in the global LNG shipbuilding market, with dozens of orders placed annually, KR noted in a […]

Centrofin
Finance

Centrofin books four suezmaxes at Samsung Heavy

April 13, 2025 Mariel Alumit

Greece’s Centrofin has added tanker newbuildings to its orderbook in a deal with South Korean yard Samsung Heavy Industries. Shipbuilding sources have placed the Dimitris Procopiou-led company behind the order for four suezmaxes at about […]

Samsung Heavy
Exports

Samsung Heavy launches Petronas’ third FLNG

February 26, 2025 Mariel Alumit

Samsung Heavy held the launching ceremony for PFLNG Tiga (SN 2661) on Wednesday. According to the shipbuilder, more than 150 people attended the ceremony, including officials from Petronas and Japan’s JGC. Samsung Heavy officially started […]

LNG carrier
International News

Samsung Heavy nets first LNG carrier order in 2025

January 20, 2025 Mariel Alumit

Samsung Heavy said on Monday that it will build the LNG carrier for an unidentified owner in Oceania. The shipbuilder will deliver the LNG carrier by June 2027. The order has a price tag of […]

LNG carrier
Energy Tech

South Korea’s Samsung Heavy gets OK for wind-assisted LNG carrier

November 22, 2024 Andy Del Prado

SHI said in a statement the wing sail is a structure in the form of a sail and generates lift through pressure differences between the upper and lower parts of the sail to provide auxiliary […]

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