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 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 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.
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.
