Samsung Heavy Wins $400 Million Order for Three Crude Oil Tankers

by Lee nakyeong Posted : March 10, 2026, 14:03Updated : March 10, 2026, 14:03

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A very large crude carrier built by Samsung Heavy Industries. [Photo provided by Samsung Heavy Industries]

Samsung Heavy Industries said in a regulatory filing on the 10th that it has won an order worth 400.1 billion won for three crude oil tankers from a Bermuda-based shipowner. The vessels are scheduled for delivery by February 2029.

With the deal, the company’s year-to-date orders total 11 ships worth $2.1 billion, reaching 15% of its annual target of $13.9 billion. By vessel type, the orders include three liquefied natural gas (LNG) carriers, two ethane carriers, two container ships and four crude oil tankers.

A Samsung Heavy official said the company’s order backlog stands at 137 ships worth $29.5 billion, adding that it will continue to focus on profitability in winning new business.

* This article has been translated by AI.

Lee nakyeong