Samsung Heavy Industries secures $577 million contract for two LNG carriers from Oceania-based shipper, bringing 2026 order intake to $2.9 billion or 21% of annual target, as global demand for LNG vessels remains robust despite geopolitical uncertainties
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Samsung Heavy Industries Wins $770.1 Billion Won Order for Two LNG Carriers
Samsung Heavy Industries secures $577 million contract for two LNG carriers from Oceania-based shipper, bringing 2026 order intake to $2.9 billion or 21% of annual target, as global demand for LNG vessels remains robust despite geopolitical uncertainties
Yonhap InfomaxSamsung Heavy Industries opens SSAM Center with San Diego State University, marking its first U.S. research base to advance Korea-U.S. shipbuilding technology cooperation and workforce development through AI-based production technology and sustainable maritime solutions.
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Samsung Heavy Industries Establishes Joint Research Center with San Diego State University
Samsung Heavy Industries opens SSAM Center with San Diego State University, marking its first U.S. research base to advance Korea-U.S. shipbuilding technology cooperation and workforce development through AI-based production technology and sustainable maritime solutions.
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Samsung Heavy Industries Secures 368 Billion Won LNG Carrier Order
Samsung Heavy Industries has secured a 368 billion won ($276 million) order for an LNG carrier, bringing its 2026 total to eight vessels worth $1.9 billion, or 14% of its annual target.
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Samsung Heavy Industries Expands into Middle East with MOU Signed with Qatari Shipyard
Samsung Heavy Industries has signed an MOU with Qatar's QSTS to expand into the Middle East, focusing on LNG carrier conversion, eco-friendly solutions, and digital innovation.
Yonhap InfomaxSamsung Heavy Industries cancels delivery of a crude oil tanker ordered three years ago after the Oceania-based owner failed to make the final payment, with minimal financial impact expected as the company plans to recover costs through advance payments and resale.
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Samsung Heavy Industries Cancels Delivery of Oil Tanker Ordered Three Years Ago as Owner Fails to Make Payment
Samsung Heavy Industries cancels delivery of a crude oil tanker ordered three years ago after the Oceania-based owner failed to make the final payment, with minimal financial impact expected as the company plans to recover costs through advance payments and resale.
Yonhap InfomaxSamsung Heavy Industries reported 2025 revenue of 10.65 trillion won and operating profit of 862.2 billion won, both exceeding multi-year highs and matching market expectations, driven by high-margin orders and offshore project growth.
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Samsung Heavy Industries Posts 10.65 Trillion Won in 2025 Revenue, Operating Profit Surges 71.5% to 862.2 Billion Won—In Line With Expectations (Comprehensive)
Samsung Heavy Industries reported 2025 revenue of 10.65 trillion won and operating profit of 862.2 billion won, both exceeding multi-year highs and matching market expectations, driven by high-margin orders and offshore project growth.
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Samsung Heavy Industries Reports 2023 Revenue of 10.65 Trillion Won and Operating Profit of 862.2 Billion Won, Slightly Below Expectations
Samsung Heavy Industries posts 2023 revenue of 10.65 trillion won and operating profit of 862.2 billion won, narrowly missing market forecasts.
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Samsung Heavy Industries Secures Orders for Five Vessels Including LNG Carriers Worth 1.3 Trillion Won
Samsung Heavy Industries has secured $900 million in new orders for five vessels, including LNG carriers and VLECs, boosting its order backlog to $28.7 billion as global demand remains strong.
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Samsung Heavy Industries Forecasts 74% Surge in 2023 Operating Profit—Operating Margin Rises Sharply
Samsung Heavy Industries is projected to post a 74% jump in 2023 operating profit, with operating margins rising sharply on improved sales mix and robust LNG carrier orders.
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