DSME scores order for six LNG carriers

South Korea’s Daewoo Shipbuilding & Marine Engineering said Monday it has won orders worth 2.02 trillion won ($1.76 billion) to build six LNG carriers.

The giant shipbuilder revealed the orders in two separate fillings with both including three LNG carriers. Each vessel has a price tag of about $293 million.

According to DSME, it will deliver the first trio by July 2023 followed with the second batch by the end of the same year.

The yard said it would build the vessels for a European shipowner but it did not reveal any further information.

LNG Prime understands that the vessels will be used to transport LNG for Novatek’s Arctic LNG 2 project in Russia.

DSME previously built all the 15 Arc7 ice-class LNG carriers for Novatek’s Yamal project in the Russian Arctic.

Most Popular

Brunei LNG, PetroChina ink SPA

LNG producer Brunei LNG has signed a sales and purchase agreement with a unit of PetroChina.

Venture Global secures $3 billion bank loan for CP2 LNG

US LNG exporter Venture Global LNG has secured a $3 billion bank loan facility for its proposed CP2 LNG project in Louisiana.

CFO: Shell on track to ship first LNG Canada cargo in middle of 2025

LNG giant Shell remains on track to deliver the first liquefied natural gas cargo from its LNG Canada export terminal in Kitimat in the middle of this year, according to Shell's finance chief, Sinead Gorman.

More News Like This

Hanwha Ocean expects LNG newbuild market to recover in second half

South Korean shipbuilder Hanwha Ocean expects the LNG newbuilding market to recover in the second half of this year due to new US LNG export projects.

Hanwha Ocean starts work on Nakilat’s LNG carrier

South Korean shipbuilder Hanwha Ocean has officially started building Nakilat's first of eight LNG carriers under the massive QatarEnergy shipbuilding program.

Hanwha Ocean delivers 200th LNG carrier

South Korea's Hanwha Ocean has delivered its 200th liquefied natural gas (LNG) carrier.

Evergreen orders LNG-powered vessels in South Korea and China

Taiwan's shipping firm Evergreen Marine has ordered ultra-large LNG-powered containerships at two yards in South Korea and China.