Samsung Heavy Industries has pushed its cumulative order book for the year above US$10 billion, driven by a new contract for two oil tankers.
The South Korean shipbuilder secured the 284.9 billion-won (US$188.5 million) deal, marking a significant threshold in its annual production pipeline.
The order highlights sustained appetite for crude transport capacity even as global trade routes face mounting pressure.
With the US recently reinstating oil sanctions on Iran following attacks on tankers in the Strait of Hormuz, the decision to commission new vessels suggests shippers are prioritizing fleet renewal and route diversification over short-term disruption fears.
This development comes as broader market sentiment remains cautious regarding energy logistics.
While Samsung Electronics has been in the headlines for a dramatic surge in semiconductor profits, its heavy industry sibling is navigating a different set of headwinds and opportunities in the maritime sector.