Shipbuilding industry hit the end of the year… High possibility of receiving additional orders

Samsung Heavy Industries is receiving orders for liquefied natural gas (LNG) carriers to domestic shipbuilders(6,980 -0.85%)This additional 4 vessels were ordered. The outlook for additional orders is also bright.

On the 23rd, Samsung Heavy Industries announced that it has won orders for four LNG carriers worth 815 billion won from shipowners in Africa. These ships are scheduled to be delivered sequentially by May 2024.

With this contract, Samsung Heavy Industries has won orders for a total of 8 LNG carriers (1.63 trillion won) for three days from the 21st. This year’s cumulative order performance reached $5.5 billion, achieving 65% of the annual order target ($84 billion).

Samsung Heavy Industries raised its order backlog from $18.6 billion at the end of August this year to $22.2 billion due to the recent successive LNG carrier orders. Of the total order backlog, LNG carriers amount to $10.4 billion, nearly half.

Shipbuilding industry officials recently(107,000 -2.28%)And Samsung Heavy Industries agreed that it is highly likely to be related to the Mozambique LNG project of France Total over a short period of large orders for LNG carriers, which are high value-added vessels.

The total number of orders for Mozambique LNG carriers is 17, and it is known that Korea Shipbuilding & Marine Engineering and Samsung Heavy Industries have signed letters of intent (LOI) for 9 and 8 respectively.

According to the industry, the Korean shipbuilding industry recently won an order of 2.6 trillion won in just two days. Korea Shipbuilding & Marine Engineering, a shipbuilding holding company of Hyundai Heavy Industries Group including Samsung Heavy Industries, won an order of KRW 1.793.5 trillion from the 21st to the 22nd. Zen species are also diverse. Korea Offshore & Shipbuilding has won orders for LNG (Liquefied Natural Gas) carriers, 13,000 TEU-class container ships, 40,000㎥-class medium-sized LPG (liquefied petroleum gas) carriers, and 17,000 tons

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