Samsung Heavy Industries is estimated to be only one-third away from achieving its annual order target of $7.8bn.

The Koje-based shipyard is ahead of Hyundai Heavy Industries and DSME in winning newbuilding orders, as the domestic rivals are said to have achieved only slightly more than one-third of their sales targets. HHI is aiming for $15.9bn in fresh orders this year, while DSME’s order target is $8.37bn.