Greece’s Maran Gas books LNG carrier duo at DSME

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering has received a new order from Maria Angelicoussis-led Maran Gas to build two LNG carriers.

DSME revealed this order on Tuesday saying the deal is worth 679.4 billion won ($512.5 million) or about $256.2 million per vessel, which is a record price for one 174,000-cbm LNG carrier.

The shipbuilder did not provide any technical details regarding the vessels.

DSME plans to deliver the two LNG carriers by June 2027.

Including these vessels, Maran Gas ordered in total 11 LNG carriers at DSME since November 2021.

Maran Gas booked a single LNG carrier in November last year and two LNG carriers in June.

In addition, Angelicoussis and its units booked 121 ships with the shipbuilder since 1994, according to DSME.

DSME won its first 2023 LNG carrier order in February.

In total, the shipbuilder now has four orders worth about $800 million, including for three LNG carriers.

It achieved about 11.5 percent of this year’s target of $6.98 billion.

Last year, DSME set a record for the largest number of orders for LNG carriers in a year since its establishment, surpassing its yearly record of 37 LNG carriers in 2014.

The shipbuilder, which is being acquired by Hanwha, won orders for a total of 38 LNG carriers in 2022.

Most Popular

Japan’s K Line on track with LNG fleet growth plans

According to K Line's latest financial report, the firm had 46 LNG carriers in its fleet as of the...

LNG Canada pipeline enters commercial service

Canada's TC Energy said on Tuesday CGL had executed a commercial agreement with LNG Canada and CGL customers that...

Tellurian’s unit seeks more time to build two gas pipelines

Last month, Australia's Woodside acquired all issued and outstanding Tellurian common stock for about $900 million cash, or $1.00 per...

More News Like This

Hanwha Ocean confirms Maran Gas order for LNG carrier duo

LNG Prime reported on November 7, citing shipbuilding sources, that Maria Angelicoussis-led Maran Gas is expected to order two...

Greece’s Maran Gas to order more LNG carriers in South Korea

Sources told LNG Prime on Thursday that the deal includes two 174,000-cbm LNG carriers powered by ME-GI engines. Hanwha Ocean...

VesselsValue: Greek shipowners spent $13.8 billion on LNG newbuilds since 2021

Greek shipowners have spent about $13.8 billion on 59 newbuild liquefied natural gas (LNG) vessels since 2021, according to...

Hanwha Ocean scores $1.26 billion order for LNG-powered containerships

Hanwha Ocean said on Thursday it will build six containerships with a capacity of 15,000 teu. The order is worth...