Samsung Heavy wins 342 bln-won gas carrier order in Bermuda region | Yonhap News Agency

## Summary
OK SEOUL, April 1 (Yonhap) -- Samsung Heavy Industries Co. said Wednesday it has secured a 342 billion-won (US$227 million) contract to build two gas carriers for a shipping company based in the Bermuda region. With the latest deal, Samsung Heavy has secured orders worth $3.1 billion so far this year, achieving about 22 percent of its annual order target of $13.9 billion, according to the company. This undated file photo, provided by Samsung Heavy Industries Co., shows a very large gas carrier (VLGC). (PHOTO NOT FOR SALE) (Yonhap) kyongae.choi@yna.co.kr (END) Related Articles Samsung Heavy wins 770.1 bln-won order for 2 LNG carriers from Oceania Samsung Heavy wins 377.9 bln-won LNG ship order in Oceania Keywords #Samsung Heavy-order Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S. Korea Tass news agency's delegation in Pyongyang Tass news agency's delegation in Pyongyang prev Samsung Heavy wins 342 bln-won gas carrier order in Bermuda region Next Samsung Heavy wins 342 bln-won gas carrier order in Bermuda region

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SEOUL, April 1 (Yonhap) -- Samsung Heavy Industries Co. said Wednesday it has secured a 342 billion-won (US$227 million) contract to build two gas carriers for a shipping company based in the Bermuda region.
The company will deliver two very large gas carriers (VLGCs) to the unidentified client by May 2029, it said in a regulatory filing.
With the latest deal, Samsung Heavy has secured orders worth $3.1 billion so far this year, achieving about 22 percent of its annual order target of $13.9 billion, according to the company.
The company added it will maintain its strategy of focusing on higher-margin vessels, such as container ships and liquefied natural gas (LNG) carriers, this year.
This undated file photo, provided by Samsung Heavy Industries Co., shows a very large gas carrier (VLGC). (PHOTO NOT FOR SALE) (Yonhap)
kyongae.choi@yna.co.kr
(END)
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Samsung Heavy wins 342 bln-won gas carrier order in Bermuda region

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## Expert Analysis

### Merits
- Korea's strong backlash against growing S.

### Areas for Consideration
- This undated file photo, provided by Samsung Heavy Industries Co., shows a very large gas carrier (VLGC). (PHOTO NOT FOR SALE) (Yonhap) kyongae.choi@yna.co.kr (END) Related Articles Samsung Heavy wins 770.1 bln-won order for 2 LNG carriers from Oceania Samsung Heavy wins 377.9 bln-won LNG ship order in Oceania Keywords #Samsung Heavy-order Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.

### Implications
- The company will deliver two very large gas carriers (VLGCs) to the unidentified client by May 2029, it said in a regulatory filing.
- The company added it will maintain its strategy of focusing on higher-margin vessels, such as container ships and liquefied natural gas (LNG) carriers, this year.
- This undated file photo, provided by Samsung Heavy Industries Co., shows a very large gas carrier (VLGC). (PHOTO NOT FOR SALE) (Yonhap) kyongae.choi@yna.co.kr (END) Related Articles Samsung Heavy wins 770.1 bln-won order for 2 LNG carriers from Oceania Samsung Heavy wins 377.9 bln-won LNG ship order in Oceania Keywords #Samsung Heavy-order Articles with issue keywords Most Liked (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot (News Focus) Han Kang's NBCC win again spotlights art of translation (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Most Saved (2nd LD) Han Kang's 'We Do Not Part' wins NBCC Award for haunting portrayal of trauma (News Focus) Han Kang's NBCC win again spotlights art of translation Paik Kun-woo, at 80, says 'Music chose me' (Movie Review) 'Salmokji: Whispering Water': mood runs deeper than plot Liberal ex-prime minister to declare mayoral bid in conservative stronghold Most Viewed All Categories (LEAD) Lee urges bold measures to cope with concerns about energy situation, including emergency economic decree if needed (LEAD) Trump calls on countries to 'go get your own oil' from Strait of Hormuz, or buy it from U.S.
- Korean Air to enter emergency management mode over soaring fuel costs Gov't proposes 26.2 tln-won extra budget to cushion impact of Middle East tensions Declassified documents show N.

### Expert Commentary
This article covers samsung, heavy, won topics. Notable strengths include discussion of samsung. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 434.