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Samsung Heavy Industries Secures KRW 268 Billion Order for Two Crude Oil Tankers

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Samsung Heavy Industries (KRX:010140) has concluded a contract on July 31 to supply two crude oil tankers to a European buyer, with the deal valued at 268 billion won, according to a bourse filing on Monday.

The contract represents about 2.5% of the company's latest fiscal year sales, which stood at 10.65 trillion won based on 2025 consolidated financials.

The delivery is scheduled by Aug. 31, 2029, though the timeline may shift depending on construction progress.

Payment will be made in installments aligned with the build schedule, and a deposit or advance payment is required.

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