DSME wins single LNG carrier order worth about $239 million

South Korea’s shipbuilder Daewoo Shipbuilding and Marine Engineering has received an order for one liquefied natural gas (LNG) carrier worth about $239 million.

DSME will build the 174,000-cbm LNG carrier for an unidentified owner in Asia and deliver it by August 2026.

The shipbuilder said the deal has a price tag of 311.2 billion won or about $239 million.

Also, the vessel would feature MAN ME-GA engine and a reliquefaction system.

One shipbuilding source said that the owner behind this order is likely Japan’s MOL. LNG Prime could not confirm this by the time this article was published.

With this order, DSME secured contracts worth about $6.67 billion for 29 ships this year, including six LNG-powered containerships and 21 LNG tankers.

DSME has now achieved about 75 percent of its annual target of $8.9 billion.

Last year, the yard won about $10.8 billion in orders, exceeding its target of $7.7 billion.

Most Popular

Williams launches Transco pipeline expansions

US natural gas pipeline operator Williams has launched two fully contracted expansions of the existing Transco pipeline to meet growing domestic demand and LNG exports.

Update: Shell’s LNG Canada receives LNG cargo

Shell’s LNG Canada has received a cargo of liquefied natural gas as part of the commissioning and start-up phase.

DOE gives further boost to US LNG exports

The US Department of Energy (DOE) has removed a regulatory barrier that required liquefied natural gas (LNG) projects to start export within seven years of receiving regulatory approval.

More News Like This

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.

Hapag-Lloyd to add more LNG-powered containerships to its fleet

Germany's Hapag-Lloyd is expected to add more LNG dual-fuel container vessels to its fleet with a new order at South Korea's Hanwha Ocean, according to shipbuilding sources and brokers.