Samsung Heavy Industries Successfully Launches Cedar FLNG Platform

Including Malaysian, Italian and Canadian Orders World's First Simultaneous Construction of Three Units

Finance|
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By Song Joo-hee
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Canada's Cedar FLNG is being built at a dock in Samsung Heavy Industries' Geoje shipyard. Samsung Heavy Industries - Seoul Economic Daily Finance News from South Korea
Canada's Cedar FLNG is being built at a dock in Samsung Heavy Industries' Geoje shipyard. Samsung Heavy Industries

Samsung Heavy Industries (010140.KS) said Friday it successfully held the launch ceremony for the "Cedar FLNG," a floating liquefied natural gas (LNG) production facility to be deployed off the coast of Kitimat, British Columbia, Canada. With this launch, Samsung Heavy Industries' Geoje shipyard set the world's first record of building three large FLNG units simultaneously at a single yard, establishing itself as a key hub for global LNG production facilities.

The Cedar FLNG is a near-shore facility that can receive natural gas from onshore, then liquefy, store and offload it. The vessel's hull spans 2.5 times the area of a soccer field, and its launch weight alone reaches approximately 50,000 tons, making it an ultra-large offshore plant. Following the launch, Samsung Heavy Industries plans to manufacture and install topside plant modules ranging from 2,000 to 7,000 tons, carry out LNG cargo tank work, complete sea trials, and make final delivery in the first half of 2028.

With this achievement, Samsung Heavy Industries' Geoje shipyard has secured an unmatched record of building a total of three large FLNG units sequentially along its yard quay, including Malaysia's Petronas "ZLNG" and Italy's ENI "Coral Norte FLNG."

[CAPTIONS]
Officials including Lee Dong-hyun (from right), head of Samsung Heavy Industries' offshore business division (executive vice president); Stuart Taylor, senior advisor at Pembina; and Brett Baker, project director at Black & Veatch, press the button signaling the start of the launch at the Cedar FLNG launch ceremony held at Samsung Heavy Industries' Geoje shipyard on the 5th. Samsung Heavy Industries - Seoul Economic Daily Finance News from South Korea
[CAPTIONS] Officials including Lee Dong-hyun (from right), head of Samsung Heavy Industries' offshore business division (executive vice president); Stuart Taylor, senior advisor at Pembina; and Brett Baker, project director at Black & Veatch, press the button signaling the start of the launch at the Cedar FLNG launch ceremony held at Samsung Heavy Industries' Geoje shipyard on the 5th. Samsung Heavy Industries

Samsung Heavy Industries cited manufacturing innovation centered on its "smart shipyard" as the driving force behind the simultaneous construction of three units at a single yard. The company has built an engineering data hub (S-EDH) that connects data across all divisions including design, procurement and production, and is pursuing a "3X (DX, AX, RX)" transformation that combines digital, artificial intelligence (AI) and robotics technologies.

Through this, the company explained, it has realized process optimization and design-and-production automation, while establishing standardization and systematic management systems for complex offshore plant processes, thereby enhancing its construction competitiveness.

Lee Dong-hyun, head of Samsung Heavy Industries' offshore business division, said, "The successful launch of the Cedar FLNG and the world's first simultaneous construction of three FLNG units are achievements of manufacturing innovation at Samsung Heavy Industries' smart shipyard." He added, "As a first mover in the 3X transformation, we will accelerate the advancement of our future-oriented smart shipyard and respond perfectly to the 'era of FLNG mass production.'"

Original reporting by Song Joo-hee for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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