Samsung Heavy Industries stock (KR7010140002): wins 750 billion won LNG carrier order

Samsung Heavy Industries secured a 750.5 billion won contract for two LNG carriers from an Oceania shipper on May 13, 2026, boosting its 2026 order backlog to 19 vessels worth $3.9 billion.

Samsung Heavy Industries announced on May 13, 2026, that it won a 750.5 billion won ($545 million) order to build two LNG carriers for an Oceania-based shipper, according to SEDaily as of 05/14/2026. This deal brings the company's year-to-date orders to 19 vessels valued at approximately $3.9 billion, including LNG-FSRU units. The stock closed at 31,050 KRW on May 13, down 1.11% for the day but up 28.84% year-to-date, per MarketScreener as of 05/13/2026.

As of: 14.05.2026

By the editorial team – specialized in equity coverage.

At a glance

• Name: Samsung Heavy Industries Co., Ltd.
• Sector/industry: Shipbuilding
• Headquarters/country: South Korea
• Core markets: Global LNG carriers, offshore structures
• Key revenue drivers: Shipbuilding contracts, energy infrastructure
• Home exchange/listing venue: Korea Exchange (010140)
• Trading currency: KRW

Samsung Heavy Industries: core business model

Samsung Heavy Industries specializes in shipbuilding, offshore engineering, and marine services, focusing on high-value vessels like LNG carriers and floating storage units. The company constructs advanced ships for global energy transport, leveraging expertise in eco-friendly propulsion systems. This positions it as a key player in the energy transition, serving major shippers worldwide.

Main revenue and product drivers for Samsung Heavy Industries

Revenue primarily stems from long-term contracts for LNG carriers, FPSOs, and offshore platforms, with LNG vessels accounting for a significant share amid rising global demand for liquefied natural gas. In 2026, orders like the recent 750 billion won deal underscore strength in this segment. The firm's order backlog supports stable cash flows, critical for US investors tracking exposure to Asian shipbuilders listed on global indices.

Industry trends and competitive position

The shipbuilding sector benefits from surging LNG demand driven by energy security and decarbonization efforts, with South Korean yards like Samsung Heavy leading in technology. Competitors include Hyundai Heavy and Daewoo, but Samsung's focus on high-margin LNG tech gives it an edge. US investors note its role in supplying vessels for American LNG exporters expanding to Europe and Asia.

Why Samsung Heavy Industries matters for US investors

Samsung Heavy Industries offers indirect exposure to US LNG boom, as American producers like Cheniere ramp up exports requiring advanced carriers. Listed on the Korea Exchange with analyst targets around 37,000 KRW (19% upside from May 13 close), it appeals to those diversifying into industrials with energy ties. Its performance influences US-listed shipping ETFs and funds.

Conclusion

The recent 750 billion won order highlights Samsung Heavy Industries' robust demand in LNG shipbuilding, bolstering its 2026 backlog amid favorable industry tailwinds. Year-to-date gains reflect market confidence, though daily volatility persists. US investors may monitor its role in global energy supply chains for portfolio diversification.

Disclaimer: This article does not constitute investment advice. Stocks are volatile financial instruments.