
KOGAS to pay SHI KRW299.6bn over LNG tank defects
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.

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 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 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.

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 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.

Samsung Heavy Industries has received ABS Approval in Principle for its FSMR floating nuclear platform, configured for two Smart 100 SMRs developed by KAERI and adapted for offshore use.

Samsung Heavy Industries has signed a new contract with HSG Sungdong Shipbuilding for two more crude oil tankers, lifting the shipbuilder’s workload to a total of four Samsung-ordered vessels.

Samsung Heavy Industries has opened a shore-based remote operation center at Evergreen Group’s Taipei HQ, monitoring Evergreen vessels in real time and expanding cooperation on autonomous and remote ship operations.

General Dynamics NASSCO, Samsung Heavy Industries and DSEC have formed a three-way agreement to advance U.S. ship design and manufacturing automation, including the Navy’s Next Generation Logistics Ship program.
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