BW orders LNG carrier duo at DSME

BW LNG, a unit of Singapore-based gas giant BW, has placed an order for two 174,000-cbm LNG carriers at South Korea’s Daewoo Shipbuilding and Marine Engineering, according to brokers.

Clarksons Platou said the order also includes an option for two additional LNG carriers.

DSME should deliver the vessels to BW LNG in 2025, Clarksons said, but it did not provide any additional information.

Shipbuilding sources told LNG Prime that BW LNG would pay about $207 million for each LNG carrier. DSME has also recently won an order from Maran Gas to build two LNG carriers for about $206 million per vessel.

BW LNG has earlier this year taken delivery of two new ME-GI vessels from DSME.

These include the 174,000-cbm BW Lesmes, chartered by BP, and the 174,000-cbm BW Helios which also serves BP.

BW said then the LNG carrier BW Helios was the seventh newbuilding featuring MAN ME-GI propulsion in a series of nine ships ordered at the Korean yard.

Both of the 294.4 meters long vessels feature a reliquefaction system and GTT’s NO96 containment technology.

The shipping firm plans to take delivery of the last two vessels in this batch in 2022, according to its website.

Most Popular

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

MISC orders five more LNG carriers in China

Malaysian shipping firm MISC has officially signed a shipbuilding deal with China’s Hudong-Zhonghua for five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers, which will serve a 20-year charter with a unit of MISC’s parent, Petronas.

More News Like This

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.

BW confirms sale of steam LNG carrier

Singapore-based gas shipping giant BW confirmed that it has sold its 2005-built steam LNG carrier, LNG Oyo.

BW’s steam LNG carrier set for FSRU conversion

BW LNG's 2006-built steam vessel, LNG Benue, is set to be converted into a floating storage and regasification unit, according to China’s Huarun Dadong Dockyard (HRDD).

Indonesia’s AKRA forms FSRU JV with BW

Indonesian petroleum and chemicals logistics company AKR Corporindo (AKRA) has formed a joint venture with a unit of Singapore-based gas shipping giant BW to develop an FSRU-based LNG project in Indonesia.