DSME to build two more LNG tankers for Greece’s Maran Gas

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

According to DSME, Maran Gas exercised an option for two 174,000-cbm LNG carriers as part of the original order signed in November 2021.

Maria Angelicoussis, who is also the head of parent Angelicoussis Shipping Group, signed the original contract with DSME’s CEO Lee Sung-geun on November 10.

The yard said in a statement it would build the two new vessels for the Greek shipping firm for 502.1 billion won ($417.3), which is higher when compared to 486.7 billion won for the first two vessels.

Also, the new vessels will feature MAN ME-GI propulsion while DSME will deliver them to the owner in the second half of 2025.

DSME did not reveal which containment system the vessels would have but the first two carriers will be equipped with GTT’s NO96 GW membrane containment system.

Angelicoussis has booked 114 ships at DSME since 1994 and is the largest customer for the yard, the yard said.

This is the first order for DSME this year. Last year, the yard won about $10.8 billion in orders, exceeding its target of $7.7 billion.

Most Popular

Delfin inks new deals for US FLNG project, eyes FID later this year

Delfin Midstream, the US developer of a floating LNG export project offshore Louisiana, is moving forward with the project by signing new deals with Siemens Energy, Samsung Heavy, and Black & Veatch.

Deutsche ReGas: Mukran LNG terminal hits record in Q2

German LNG terminal operator Deutsche ReGas claims that its FSRU-based LNG import facility in Mukran was the highest-performing LNG terminal in Germany in the second quarter of this year.

Ukraine’s Naftogaz to get another US LNG cargo from Orlen

Poland's Orlen will supply another US LNG cargo to Ukraine's Naftogaz, the fourth shipment as part of a deal signed earlier this year.

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.