SEOUL, February 11 (AJP) - Samsung Heavy Industries said Wednesday it has secured an order worth 468.6 billion won ($351 million) from an Africa-based shipping company to build two container ships.
In a regulatory filing, the company said the vessels are scheduled for delivery by May 2028.
With the latest contract, Samsung Heavy’s total orders for the year have reached $1.2 billion across seven vessels, equivalent to about 9 percent of its annual order target of $13.9 billion. The orders include two liquefied natural gas carriers, two ethane carriers, two container ships and one crude oil tanker.
A company official said global fleet renewal demand is expected to remain firm, particularly for aging container ships in the 8,000- to 13,000-TEU range.
"We will continue pursuing orders that prioritize profitability and leverage its competitiveness in eco-friendly ship technologies," the official said.
* This article, published by Aju Business Daily, was translated by AI and edited by AJP.
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