DSME bags first LNG carrier order in 2023

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering will build one liquefied natural gas (LNG) carrier worth about $249 million under a new contract revealed on Monday.

This is the first LNG carrier order for DSME or for any other vessel in 2023.

DSME said it will construct the LNG carrier for an unidentified owner in Oceania and deliver the vessel by March 2027.

The contract has a price tag of 314.5 billion won or about $249 million.

DSME did not provide any additional information.

Last year, the shipbuilder 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.

Prior to this newest deal, DSME secured a contract in November last year from Maria Angelicoussis-led Maran Gas to build one 174,000-cbm LNG tanker.

Shipbuilding sources told LNG Prime that Japan’s shipping giant MOL is behind this new order for one LNG carrier.

MOL last year revealed charter deals for vessels being built at DSME and scheduled for delivery in 2025 and 2026.

The shipping firm has at least 12 LNG carriers on order at DSME, according to VesselsValue data.

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