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Hanwha Ocean claims it is the first in the world to deliver 200 LNG carriers.
The shipbuilder, previously known as DSME, said on Thursday the milestone LNG carrier was built under the massive QatarEnergy shipbuilding program.
The ME-GA vessel in question is the 174,000-cbm, Lebrethah, and it is owned by the Korean KGL Consortium which consists of Pan Ocean, H-Line Shipping, and SK Shipping,
Hanwha Ocean delivered its first LNG carrier in 1995, and completed construction of its 100th LNG carrier in 2016.
The shipbuilder built the new 100 ships in just nine years, which was more than half the time it took to build the first 100 ships due to increased shipbuilding capacity.
Hanwha Ocean recently announced that it will build two LNG carriers for its shipping unit Hanwha Shipping.
According to the shipbuilder, the order is worth 732.2 billion won. This is about $506 million or $253 million per vessel.
Hanwha Ocean will deliver the LNG carriers by September 2027.
Last year, Hanwha Ocean secured orders for 18 LNG carriers.
In November 2024, Hanwha Ocean booked an order to build two 174,000-cbm LNG carriers for Greece’s Maran Gas, the gas shipping unit of Angelicoussis.
The 2024 orders include 12 LNG carriers as part of the giant QatarEnergy shipbuilding program and four LNG carriers for UAE’s Adnoc L&S.
Hanwha Ocean also secured an order for one FSRU from Japan’s MOL.
As of the end of December 2024, Hanwha Ocean had 72 LNG vessels worth $17.1 billion in its orderbook.