GTT Secures LNG Carrier Tank Design Order
7, March 2026
GTT has received an order from Samsung Heavy Industries for the tank design of one 180,000 m³ LNG carrier for a European shipowner, with delivery expected in 2028.
Samsung Heavy Industries
Technip Energies Wins Coral Norte FLNG Contract in Mozambique
24, February 2026
Technip Energies, with JGC and Samsung Heavy Industries, wins an MRV contract to advance Coral Norte FLNG offshore Mozambique, following early works and a hull launch in Geoje.
Samsung Heavy Cancels Tanker Order Amid Buyer Payment Failure
10, February 2026
Samsung Heavy Industries canceled delivery of a crude tanker after the buyer missed the final installment and said vessel No. 2 delivery may change depending on the shipowner’s finances.
Samsung Heavy Industries Back Above KRW 10 Trillion in Annual Sales
31, January 2026
Samsung Heavy Industries reported sales of 10.65 trillion won and operating profit of 862.2 billion won, returning above 10 trillion won annual revenue for the first time since 2016.
KOGAS to pay SHI KRW299.6bn over LNG tank defects
23, January 2026
A Seoul court has ordered KOGAS to pay KRW299.6bn to Samsung Heavy Industries after defective LNG cargo tanks on SK Serenity and SK Spica led to costly repairs and claims by SK Shipping.
Samsung Heavy launches 432 m FLNG Coral Norte for ENI
17, January 2026
Samsung Heavy Industries has launched the 432 m FLNG Coral Norte for ENI at its Geoje shipyard, adding to a strong FLNG track record that includes six of ten global FLNG newbuild orders.
Samsung Heavy extends LOA for Delfin FLNG unit
13, January 2026
Samsung Heavy Industries has extended its LOA with Delfin Midstream for the initial FLNG unit at the Delfin LNG project in Louisiana, as the partners near FID and Black & Veatch and Siemens Energy start key equipment manufacturing.
Korean Shipbuilding Majors Lean on LNG Orders
7, January 2026
Korea’s big three shipbuilders are expected to secure $46.4 billion in 2026 orders and generate combined operating profit of 10.124 trillion won, driven by strong LNG carrier demand and Korea’s dominant market share.
Samsung Heavy Industries Halts Geoje Operations After Fatal Yard Accident
28, December 2025
Samsung Heavy Industries has halted operations at its Geoje shipyard after a fatal fall during LPG carrier work, with the company admitting safety management shortcomings and launching yard-wide inspections.
