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Samsung Heavy Wins FSRU Order in Asia

Samsung Heavy Industries has secured a KRW 484.8 billion LNG FSRU order from an Asian shipowner as demand for energy infrastructure rises.
An FSRU built by Samsung Heavy Industries./Courtesy of Samsung Heavy Industries

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Samsung Heavy Industries has received a KRW 484.8 billion order for one LNG floating storage and regasification unit from an Asian shipowner, the company said on 4 May 2026.

An FSRU works as a floating LNG import terminal. It is used in markets where energy demand is increasing or where land-based terminal construction is difficult. As it can be built faster than an onshore facility, the vessel type is gaining attention as a practical option for power supply, including demand linked to the expansion of the AI industry.

The ordered unit will be equipped with Samsung Heavy Industries’ own regasification system, S-Regas. The company said this technology supports its competitiveness in the global energy market.

Samsung Heavy Industries also provides LNG-related solutions across the value chain, covering FLNG facilities, LNG carriers and LNG FSRUs.

A company official said demand for energy infrastructure has been rising, and FSRUs can offer one of the fastest and most practical alternatives. The official added that the company aims to lead the global market with its LNG value-chain portfolio.

From January to April 2026, Samsung Heavy Industries received orders for 17 vessels, including one LNG FSRU, six LNG carriers and two very large ethane carriers. The total value reached about $3.4 billion, or KRW 5.0 trillion.

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.
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